BankNifty Important intraday levels to watch for 10-07-2023
#Support: 44840 Short if candle closes below 44840
#resistance: 45096 Long if candle closes above 45100
#Targets on downside after break of support. Target 1= 44720 Target 2= 44520
#Targets on upside after break of resistance. Target 1= 45230 Target 2= 45400 Target 3= 45650
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Not
Support broken wait for this to sustain.
Not
almost reached target 1 on downside
Not
falling wedge pattern is spotted as per 15 minute time frame.
expected scenario, if banknifty closes above 44910-44920 immediate resistance, we can expect gap up or positivity in the tomorrow's session for short term.
Not
just the way as predicted yesterday !
Not
achieved target as suggested yesterday and Rejected exactly from the same point as shown in the chart.
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