PrashantTaralkar

BankNifty- Intraday Levels - 15th Dec 23

PrashantTaralkar Updated   
NSE:BANKNIFTY   Nifty Bank Index
BankNifty- Intraday Levels - 15th Dec 23

**Note : As per my analysis, it will hard to trade in banknifty, may be Friday factor!!, if possible please avoid trading in Banknifty

if BankNifty Future Sustain above 48200 to 48235 or( 48297) then 48494 Above this will be more bullish movement.

if BankNifty Future Sustain Below 47770, then 47710 to 47620 then 47575 to 47492 below this bears will be in control of market.

Consider 30-40 points Buffer in above levels.


Please do your due diligence before trading or investment.

Disclaimer - 
I AM NOT A SEBI REGISTERED ANALYST OR ADVISOR. I DOES NOT REPRESENT OR ENDORSE THE ACCURACY OR RELIABILITY OF ANY INFORMATION, CONVERSATION, OR CONTENT. STOCK TRADING IS INHERENTLY RISKY AND THE USERS AGREE TO ASSUME COMPLETE AND FULL RESPONSIBILITY FOR THE OUTCOMES OF ALL TRADING DECISIONS THAT THEY MAKE, INCLUDING BUT NOT LIMITED TO LOSS OF CAPITAL. NONE OF THESE COMMUNICATIONS SHOULD BE CONSTRUED AS AN OFFER TO BUY OR SELL SECURITIES, NOR ADVICE TO DO SO. THE USERS UNDERSTANDS AND ACKNOWLEDGES THAT THERE IS A VERY HIGH RISK INVOLVED IN TRADING SECURITIES. BY USING THIS INFORMATION, THE USER AGREES THAT USE OF THIS INFORMATION IS ENTIRELY AT THEIR OWN RISK.

Thank you.
Order cancelled:
As mentioned, it was challenging to trade in bank nifty.
if Future sustain above 48078 then we can expect some bullish movement otherwise we can expect bearish closing for Banknifty today.

if you much trade today, please use proper risk management.

Probably we will get some good movement on monday!!
Comment:
Above 48078 - almost 300 points up move..

Hope you all had a chance to catch the move.

Have a nice weekend you all !!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.