rakeshreddym

Banknifty Support&Resistane levels for 30th April Tuesday

rakeshreddym Aggiornato   
NSE:BANKNIFTY   Nifty Bank Index
Here i'm providing support and resistance levels for banknifty watch for rejection or breakout/breakdown on them to take trades.on 1 hr to 15 mins time it is overbought not expecting to rally like yesterday ,it could be sideways to bearish in my view until proven other wise if sustains over 49600 200 points can be tested around 49800 area.

Resistance 49600
Support 49250-49300

Trade attivo:
rejected at resistance area short entry made
Commento:
kept at break even
Commento:
very tough buyers not giving up as of now
Trade chiuso manualmente:
missed target by 24 points exiting trade at breakeven
Commento:
one could have booked at half or trailed most of the time go for big targets once trade starts in your favour nothing to lose in this trade , depends upon indiviudual trader decision where to exit.
Trade attivo:
will try another one later and update here
Commento:
49600 above mentioned targets acheived

Commento:
reversed from 50k area longs stop or trailing important else all profits will be gone in a blink
Commento:
Today May 2nd support and resistance levels
Trade attivo:
today's long entry
Commento:
near support area bullish pinbar appeared small risk here
Trade attivo:
so far good lets see in my favour booked qty half rest open at kept at BE
Trade chiuso manualmente:
trade scrped in middle too much chop today
Commento:
For Firday 3rd May support and resistance levels, look for rejection or breakout on those S/R levels
Commento:
Rejected from exact resistance area
Commento:
Commento:
made a halt here of this much expecting a retracment till 49200 area entry long
Commento:
so far good
Commento:
failed nothing stopping selling today attempt long stopped out today wrong move seems almost went to target retrace back 260 points who would expect that much come back.

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