Mhveer

Banknifty Intraday Levels 08/08/2023

Mhveer Updated   
NSE:BANKNIFTY   Nifty Bank Index
There is no momentum in the market right now, so if you see the market moving in a Channel, trendline or support resistance in a range bound market, take your trade based on that or avoid the market .If the market consolidates 15-20 min and closes the 15 min candle above 44900

BUY ABOVE 44900
TARGET-1 45040
TARGET-2 45120
TARGET-3 45250

45040 is a good resistance zone, if it breaks then there can be good momentum in the market, otherwise there will be a fall back from here and 44500 will act as support.

SELL BELOW 44750
TARGET-1 44600
TARGET-2 44500
TARGET-3 44445
TARGET-4 44315

Trade active
Trade closed: target reached
Comment:
Trail SL
Trade closed manually
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.