Banknifty - View & Intraday Levels for - 27 Dec 2022
Banknifty View and Support & Resistance Levels for Tomorrow..
Expectation : BULLISH / Positive Sentiment = BEARISH Reversal from Seller resistance level is possible.
Nifty broke the higher timeframe trend line support, which is a clear sign of Down trend and it can go up to 17200 level. Now its taking Trend line retracement resistance.
Even though BULLISH rally in nifty and Banknifty today, the major trend is Bearish . So possible reversal is expected in both Nifty and Banknifty .
In Banknifty we have strong resistance at 42880 - 43080 level. Also we have 15m and 1H 200 EMA conferencing at this point. So strong resistance is there incase of any breakout we can see good up move. Else down side will continue.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.