rakeshreddym

Banknifty Support&Resistane levels for 30th April Tuesday

rakeshreddym Actualizado   
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

Operación activa:
rejected at resistance area short entry made
Comentarios:
kept at break even
Comentarios:
very tough buyers not giving up as of now
Operación cerrada manualmente:
missed target by 24 points exiting trade at breakeven
Comentarios:
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.
Operación activa:
will try another one later and update here
Comentarios:
49600 above mentioned targets acheived

Comentarios:
reversed from 50k area longs stop or trailing important else all profits will be gone in a blink
Comentarios:
Today May 2nd support and resistance levels
Operación activa:
today's long entry
Comentarios:
near support area bullish pinbar appeared small risk here
Operación activa:
so far good lets see in my favour booked qty half rest open at kept at BE
Operación cerrada manualmente:
trade scrped in middle too much chop today
Comentarios:
For Firday 3rd May support and resistance levels, look for rejection or breakout on those S/R levels
Comentarios:
Rejected from exact resistance area
Comentarios:
Comentarios:
made a halt here of this much expecting a retracment till 49200 area entry long
Comentarios:
so far good
Comentarios:
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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