Banknifty making W pattern
Double Bottom near 41850
now trading above 42000 level - which is a good support on chart
42000 is max pain in option chain analysis
Resistance upside are marked with Pink line (Resistance 1) and Aqua line (Resistance 2)
banknifty is showing volatility due to upcoming budget
Indian markets are strong
Banknifty:-
Buy at 42800-42850-42950-42000
SL 42750
Tgt 42350 - 42670
These are my personal views and are for Educational purposes & paper trade only. Please analyse yourself also and consult your financial advisor before investing.
Double Bottom near 41850
now trading above 42000 level - which is a good support on chart
42000 is max pain in option chain analysis
Resistance upside are marked with Pink line (Resistance 1) and Aqua line (Resistance 2)
banknifty is showing volatility due to upcoming budget
Indian markets are strong
Banknifty:-
Buy at 42800-42850-42950-42000
SL 42750
Tgt 42350 - 42670
These are my personal views and are for Educational purposes & paper trade only. Please analyse yourself also and consult your financial advisor before investing.
