Yesterday Market bounced from Support, going towards Resistance now. If reversal confirmation seen at Resistance we will initiate the trade.
Cmp 255 start sip with SL 221 for target 400 time frame 6 months Laxmi organic
Market Decoder
Nifty Weekly Support: 16960 Weekly resistance: 17335 BNF weekly Support: 38870 Weekly resistance: 40230
Banknifty almost touched our Resistance and fallen 230 points so far
Market Decoder
Nifty Weekly Support: 16960 Weekly resistance: 17335 BNF weekly Support: 38870 Weekly resistance: 40230
From 40201 to 39701 Done so far 500 points at our Zone.
Nifty Weekly Support: 16780
Weekly resistance: 17127
BNF weekly Support: 38705
Weekly resistance: 40000
Weekly resistance: 17127
BNF weekly Support: 38705
Weekly resistance: 40000
Market Decoder
Nifty Weekly Support: 16780 Weekly resistance: 17127 BNF weekly Support: 38705 Weekly resistance: 40000
Both Nifty and Banknifty reached our Resistance level 😊
View is bullish but don't trade gap ups, always we need Breakouts