Banknifty - View & Intraday Levels for 29 Nov 2022
Banknifty Intraday levels for Tomorrow..
Today Nifty was strong and tested ATH 18604, but couldn't sustain above the level and Banknifty was looking weak.
Any breakout above 430.14, we can expect up move in Banknifty and 43136 will be tested. If sustains above PDH - 43160 strong up move is expected. If 42973 is compromised we can expect lower levels. Mostly its going to be volatile day tomorrow.
At Buyers zone we can look for BUY entry and SELL entry at Sellers area.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Today Nifty was strong and tested ATH 18604, but couldn't sustain above the level and Banknifty was looking weak.
Any breakout above 430.14, we can expect up move in Banknifty and 43136 will be tested. If sustains above PDH - 43160 strong up move is expected. If 42973 is compromised we can expect lower levels. Mostly its going to be volatile day tomorrow.
At Buyers zone we can look for BUY entry and SELL entry at Sellers area.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
