As we analyzed sellers are getting active near 36500 levels and we again saw the rejection today. BankNifty is trading in a range and forming an indecision candle for the last 2-3 sessions, we may see a good one side move in this week.
In today's session, our sell trade initiated and we booked 150 points today.
Resistance: 36500 Support: 35600
Intraday levels for tomorrow:
Buy Above 36150 for the targets of 36250, 36350, and 36450. SL for the Buy Trade would be 36040. Sell Below 35900 for the targets of 35800, 35700, and 35600. SL for the Sell Trade would be 36010.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading! InvestPro India Team
تعليق
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Our sell trade triggered around 12:30 and all targets met.