BankNifty Analysis for 15th March
Actualizado
Up-side Movement;-
BNF trading around a important level @35400. will Up-side movement sustain or not all depend on this level.
if Price crossed & closed in 15 minutes timeFrame. then can go for Target 1.
As can be see Target 1 is in a Resistance zone. So, price may reverse from there. , if crossed then will achieve Target 2 & Target 3 too.
Down-Side Movement;-
If Price do break the Support Zone and close then the Down-side Trade will get activated. see the Targets for same on the chart.
# Entry & Exit Timeframe will be 15 minutes.
# SL will be Below the Support Zone for long Trade. Same SL will be above the zone for Short Trade.
BNF trading around a important level @35400. will Up-side movement sustain or not all depend on this level.
if Price crossed & closed in 15 minutes timeFrame. then can go for Target 1.
As can be see Target 1 is in a Resistance zone. So, price may reverse from there. , if crossed then will achieve Target 2 & Target 3 too.
Down-Side Movement;-
If Price do break the Support Zone and close then the Down-side Trade will get activated. see the Targets for same on the chart.
# Entry & Exit Timeframe will be 15 minutes.
# SL will be Below the Support Zone for long Trade. Same SL will be above the zone for Short Trade.
Nota
Target 1 Level was deleted by mistakenly before publishing the Chart.Target 1 - 35750
Nota
BNF movement has changed and Up-side movement went Invalid as well as.1st Target achieved @34800...
Total 250 points.
other targets are still active.
but here is some possibility too that price can reverse around @34650-600.
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