Banknifty Trade Setup for 22-09-2023

アップデート済

BankNifty important levels to watch are as follows

#Support: 44600

Sell below: 44600 only on 15 minute candle closure below the level.
Target 1: 44410-44400
Target 2: 44220-44200

#Resistance: 44720

Buy Above: 44720 only on 15 minute candle closure Above the level.
Target 1: 44850
Target 2: 45040

#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.

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#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.

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After Gap up opening banknifty achived target 1 on upside. As stated in the idea description each target may act as an individual resistance.

After facing the resistance price got rejected and currently taking support at the mentioned level of support.

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