MARKETCALLS‘ VIEW ON BANKNIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
Yesterday we saw banknifty open in gap down and in the noon it filled the gap and then made new days low closed at 10569. Banknifty is having good support at 10300 on closing basis. Till 10300 we are not advising to short. Banks are good as Rupee valuations. Banknifty is having resistance at 10632. Between 10300 to 10632 we advise to remain neutral in banknifty. Keep your eyes on SIB and ICICI bank these two banks may change the mood of banknifty.
- STRICTLY TRADE WITH STOP LOSS ONLY. IN THE MARKET ONLY SL CAN SAVE YOU.
**** Today due to technical problem we can’t post the chart of Banknifty.
INTRADAY BANKNIFTY SUPPORT 10501 AND RESISTANCE 10632
Buy above 10640 Target 10691-10740-10800 SL 10588
Sell below 10495 Target 10440-10391-10350 SL 10551
-Always Remember, put SL in your every trade.
-Read Disclaimer before following us.
Head Research Department