Banknifty Live Intraday updates for 1-11-23 !

BankNifty important levels to watch are as follows

#Support: 42670

Sell below: 42670 only on 15 minute candle closure below the level.
Target 1: 42510
Target 2: 42300



#Resistance: 42815

Buy Above: 42815 only on 15 minute candle closure Above the level.
Target 1: 42920
Target 2: 43020




=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.

=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.



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=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.

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#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.

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1 min time frame, trendline support in making, confirmation pending. wait patiently.

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wait for breakout, remember this is expiry so breakout failures on expiries is usual.

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breakout did not happen

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range breakout on either side is necessary for a decisive movement.

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