Banknifty Levels for 16th Oct, 2023

BANKNIFTY Levels for today

Current Trading Price : 44287

Resistance: 44317
Proposed upside targets if the resistance is broken: 44426, 44522, 44622

Support: 44220
Proposed downside targets if the support is broken: 44114, 44018, 43924

Please consider trades only if the 15m candle sustains at the given levels.
SL (Stop loss) for each trade will be the previous RED candle for BUY trades and previous GREEN candle for the SELL trades.

Note: This idea is only for learning and educational purpose.

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