Please Check Pre Market Analysis Post To Get Better Understanding
USE 5 MIN TIMELINE
Banknifty Opened GAP UP and sustained above it and that was Entry Level 1 Resistance Zone was Target 1
Later it took support from Resistance Zone and that was Entry Level 2 Immediate Major Resistance was Target 1 and Immediate Resistance Zone was Target 2
Try To Understand Market With Analysis And Execute Likewise. Price Action Always Works.
This Analysis Is Only For Learning Purpose. Do Follow It With Caution And With Proper Risk Management.