Jagadheesh_JP

BANK NIFTY INTRADAY LEVELS FOR 27/07/2023

Jagadheesh_JP Updated   
NSE:BANKNIFTY   Nifty Bank Index
RISING WEDGE PATTERN

BUY ABOVE - 46100
SL - 45940
TARGETS - 46240,46370,46600

SELL BELOW - 456940
SL - 46100
TARGETS - 45800,45640,45460

I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.

Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.

Please NOTE: this levels are for intraday trading only.

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Comment:
Only observe the market till 10:30am because both nifty & bank nifty are moving opposite directions thats why at this time trading is very risky
just wait and watch for perfect indication
Comment:
Watch this to levels
46310 as Resistance
46180 as Support
After Breakout this levels only trading is possible
Trade active:
Down Side Break Out
Trade closed: target reached:
100 points Target Done
Comment:
Next Target 45940
Trade closed: target reached:
2nd target 45940 Level reached
Comment:
Next Level is 45800
Trade closed: target reached:
3rd Target 45800 level also completed
Trade closed: target reached:
How many peoples archive all these profits today
Comment:
Please give your comments about profits & losses

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