BANK NIFTY INTRADAY LEVELS FOR 20/08/2024
Updated
BUY ABOVE - 50420
SL - 50250
TARGETS - 50600,50800,50940
SELL BELOW - 50250
SL - 50420
TARGETS - 50100,49880,49700
NO TRADE ZONE - 50250 to 50420
Previous Day High - 50800
Previous Day Low - 50250
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 - 50250
TARGETS - 50600,50800,50940
SELL BELOW - 50250
SL - 50420
TARGETS - 50100,49880,49700
NO TRADE ZONE - 50250 to 50420
Previous Day High - 50800
Previous Day Low - 50250
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 👍
Trade closed: target reached
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