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Banknifty Trade Setup for 12-07-2023
Nifty Bank Index
Banknifty Trade Setup for 12-07-2023
By InvestyourAsset
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Updated
Jul 12, 2023
0
Jul 11, 2023
BankNifty Important intraday levels to watch for 12-07-2023
#Support: 44700
Short if candle closes below 44700
#resistance: 44920
Long if candle closes above 44920
#Targets on downside after break of support.
Target 1= 44520
Target 2= 44260
#Targets on upside after break of resistance.
Target 1= 45150
Target 2= 45400
Target 3= 45650
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Jul 12, 2023
Note
Markets may open slightly gap up.
Jul 12, 2023
Note
Banknifty still trading in the given range.
Jul 12, 2023
Note
Still rangebound. market is testing our patience level.
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