InvestyourAsset

Banknifty Live Intraday Updates for 19-12-23 !

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NSE:BANKNIFTY   Nifty Bank Index
BankNifty important levels to watch are as follows

#Support: 47800

Sell below: 47800 only on 15 minute candle closure below the level.
Target 1: 47670
Target 2: 47500



#Resistance: 48000

Buy Above: 48000 only on 15 minute candle closure Above the level.
Target 1: 48230
Target 2: 48500




=> # 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.


=> # Please refer our Indicators published on tradingview 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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