Banknifty trading ideas
Now immediate support 35020 below 34700-530 I see and immediate resistance 35125-200 if open above it can go up to 35500 only ; remember 35550 strong resistance and decisive level for the week. This index now cooling off so focus on the level only which works so well.
Yesterday, I said above 35550 there's a opportunity but didn't go up due to strong resistance now it becomes weekly decisive level, I didn't drawn anything special on chart just plotted some levels which is intensive that you need more than colourful chart. Now I think 35k support can break tommorow also you can watch NIFTY 50 which has strong resistance at 15800 if breaks then banknifty can go up. Thanks
Yesterday, I said above 35550 there's a opportunity but didn't go up due to strong resistance now it becomes weekly decisive level, I didn't drawn anything special on chart just plotted some levels which is intensive that you need more than colourful chart. Now I think 35k support can break tommorow also you can watch NIFTY 50 which has strong resistance at 15800 if breaks then banknifty can go up. Thanks
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