BANKNIFTY LEVELS 22/03/2023
BANKNIFTY ANALYSIS WITH LOGIC:
1. If there's gap up and price gets reversal from 40245 level with strong rejection candle. we can short upto 39770 level.
2. If price opens on a flat and crosses 39455 level with strong bearish candle we can short up to 39130 level.
3. If price moves upwards on a flat note and crosses 40245 level we can take buy position upto 40535 level.
4. Maintain proper risk reward ratio while placing trades.
Have a safe and profitable day :)
1. If there's gap up and price gets reversal from 40245 level with strong rejection candle. we can short upto 39770 level.
2. If price opens on a flat and crosses 39455 level with strong bearish candle we can short up to 39130 level.
3. If price moves upwards on a flat note and crosses 40245 level we can take buy position upto 40535 level.
4. Maintain proper risk reward ratio while placing trades.
Have a safe and profitable day :)
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