BANKNIFTY ANALYSIS FOR 14th September 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI...
BANKNIFTY ANALYSIS FOR MONDAY 10TH JULY-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
@vijayanjum
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Banknifty live target 43750 15th Dec 22
its look like a head and Shoulder so its probably to take a support in 43750
its already play upper side and hiiting all SL
then its probability to take a support and then goes high
The index is trading near resistance zone.
Selling CE from this point will be beneficial.
This is not PE option day because of premium eating.
Breaking above 40100 will give a positive breaking for 40390 followed by 40900
Global markets look weak right now (8:35 Hrs India Time).
Nifty has scaled all time high already and if global trend gains momentum and Indian markets starts following it up today, the downside could be brutal.
On the upside, the resistance is seen at 17225 level and if it is surpassed, short covering would push the Nifty even higher.
On the lower side, 16680...
