MARKETCALLS‘ VIEW ON BANKNIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
Yesterday we saw that banknifty opened in big gap down and then with helps of bull banknifty starts moving upside upto 9369 and banknifty closed at 9333. Yesterday SBI gave major support to market and Monsoon on right time, this even correct market’s sentiment and market turned to green side. Today banknifty is major resistance at 9395 and 9570 If nifty cross 9570 then hold long positions in bank stocks as well as in banknifty. If banknifty close below 9260 then remian neutral.
STRICTLY TRADE WITH STOP LOSS ONLY. IN THE MARKET ONLY SL CAN SAVE YOU.
BANKNIFTY FUTURE CHART
INTRADAY BANKNIFTY SUPPORT 9260 AND RESISTANCE 9395-9570
Buy above 9405 Target 9460-9510-9571 SL 9369
Sell below 9257 Target 9203-9152-9101 SL 9301
-Always Remember, put SL in your every trade.
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Head Research Department