Bank Nifty Analysis for 14th July 2023
Bank Nifty Current Level - 44665
Upside Resistance - 44750
Downside Crucial Support - 44630
In Bank Nifty, wait for market to sustain above 44750, if market breaks above this keep trailing stoploss till 44850, 45000 and 45125
On downside, wait for market to sustain below 44630 which is a crucial support, if market breaks below it keep trailing stoploss till 44400, 44315
Execute only after break and close above or below from resistance level or support level at 5-minute candle.
Important - Realize that this is all for educational purpose only.
Upside Resistance - 44750
Downside Crucial Support - 44630
In Bank Nifty, wait for market to sustain above 44750, if market breaks above this keep trailing stoploss till 44850, 45000 and 45125
On downside, wait for market to sustain below 44630 which is a crucial support, if market breaks below it keep trailing stoploss till 44400, 44315
Execute only after break and close above or below from resistance level or support level at 5-minute candle.
Important - Realize that this is all for educational purpose only.
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