BANKNIFTY roadmap

Same like nifty this is not any trading plan, I am sharing this Road map to give overview of current move and possible future move.

Lines on chart are marked in red and green, Red is resistance and green is support. Once Price moves above or below the line, perception of the line will change. Support will become resistance and resistance will become support.

One can use the levels to mark important price and time zones where we my see small or big trend reversal. Once again i am stating the same thing, DON'T try to predict tops and bottoms. TREND is out best friend :-)