BANK NIFTY INTRADAY LEVELS FOR 16/12/2024
BUY ABOVE - 53670
SL - 53500
TARGETS - 53890,54150,54400
SELL BELOW - 53350
SL - 53500
TARGETS - 53170,52970,52800
NO TRADE ZONE - 53350 to 53670
Previous Day High - 53670
Previous Day Low - 52270
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
SL - 53500
TARGETS - 53890,54150,54400
SELL BELOW - 53350
SL - 53500
TARGETS - 53170,52970,52800
NO TRADE ZONE - 53350 to 53670
Previous Day High - 53670
Previous Day Low - 52270
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
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