BANKNIFTY INDEX PRICE ACTION EXPECTATED FOR THE DAY
INDEX SUMMARY
-SECOND DAY IN A ROW BANKNIFTY WENT BELOW 21450 AMD BOUNCE BACK FROM LOWER LEVELS -BANKNIFTY IS TRYING TO FORM A BASE -TODAY IS WEEKLY EXPIRY SO I WOULD AVOID TAKING FRESH TRADES IN THE INDEX -BUT WE DO HAVE DASH TRADE FOR TODAY AS WELL -COMING BACK TO THE LEVELS 21800 IS ACTING AS RESISTANCE -SUPPORT IS PLACED AT 21450 -WE HAVE A SUPPLY ZONE FROM 21950-22120 -BUT STILL BANKNIFTY HAS A SCALP TRADE ABOVE 21800 -AVOID FANCY TRADES TODAY -ONLY INTERESTED IN BUYING
BANKNIFTY RESISTANCE FOR THE DAY 21800-21950-22120 ( FUT ) BANKNIFTY SUPPORT FOR THE DAY 21450-21290-21120 ( FUT )
SCREENSHOT
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