BankNifty important intraday levels to watch for 31-07-2023
#Support: 45240 Short if candle closes below 45240
#resistance: 45500 Long if candle closes above 45500
#Targets on downside after break of support. Target 1= 45040 Target 2= 45800
#Targets on upside after break of resistance. Target 1= 45670 Target 2= 45790 Target 3= 45980
Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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Not
Resistance breakout ...Use strict SL and keep it trailing.
Not
expected scenario ..keep strict SL at 45470
Not
First target on the upside achieved successfully !!
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