BANKNIFTY - 15 MIN - FOR 21/03/2022 - TRADING SETUP
Hello traders,
The market was closed at 17/03/2022 and after a long weekend market is going to open on Monday.
For the last three days all the news and events will affect the markets opening based on the SENTIMENTS of the investors.
***** AFTER 15 trading sessions BANKNIFTY has came to its very STRONG resistance level. *****
BANKNIFTY dipped nearly 4500 points which is nearly 12% from that level.
But again BUYERS pushed market again to that level.
RESISTANCE LEVEL -----> 36615
On last Thursday BANKNIFTY opened with a GAP UP but haven't reversed from that resistance level so it may be the sign of some bullishness in the market.
1) If BANKNIFTY break 36615 level Go LONG
TARGET ----- > 37235.
2) If BANKNIFTY break the Previous days low - 36260
TARGET -----> 35800 , 35600.
Do comment Your thoughts...
Thank you <3
The market was closed at 17/03/2022 and after a long weekend market is going to open on Monday.
For the last three days all the news and events will affect the markets opening based on the SENTIMENTS of the investors.
***** AFTER 15 trading sessions BANKNIFTY has came to its very STRONG resistance level. *****
BANKNIFTY dipped nearly 4500 points which is nearly 12% from that level.
But again BUYERS pushed market again to that level.
RESISTANCE LEVEL -----> 36615
On last Thursday BANKNIFTY opened with a GAP UP but haven't reversed from that resistance level so it may be the sign of some bullishness in the market.
1) If BANKNIFTY break 36615 level Go LONG
TARGET ----- > 37235.
2) If BANKNIFTY break the Previous days low - 36260
TARGET -----> 35800 , 35600.
Do comment Your thoughts...
Thank you <3
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