BankNifty support&resistance levels for Jun 6th Thursday

Banknifty is making a each 15 minute candle like a daily candles with such big candle risk factor will increases more on trading.Trade with caution risk management, position sizing is important on these volatile days .


Support 48800 Below if sustains short targets of 48600,48500,48400,48200.
Resistane 49150 above if sustains long targets of 49300,49500,49650,49800,50k.

İşlem aktif:

one short entry made in 1 min chart after tripple top in spot chart

İşlem kapandı: hedefe ulaştı:

49400 PE 135 points

Yorum:

Tripple top in spot chart reason for entry target that channel low area

Yorum:

long entry on channle breakout

İşlem kapandı: hedefe ulaştı:

İşlem aktif:

Third entry short sustained below prior day high area

İşlem kapandı: hedefe ulaştı:

Target next supprt area below and acheived

Yorum:

Jun 7th Support and Resistances

Yorum:

Look for rejection or breakout on those marked levels

Yorum:

Short entry on rejection of 49500 area

İşlem kapandı: hedefe ulaştı:

Target acheived to immeadiate support level

Yorum:

49200 area support held lowerside both targets acheived to upside