BankNifty support&resistance levels for Jun 6th Thursday

Aktualisiert
Banknifty is making a each 15 minute candle like a daily candles with such big candle risk factor will increases more on trading.Trade with caution risk management, position sizing is important on these volatile days .


Support 48800 Below if sustains short targets of 48600,48500,48400,48200.
Resistane 49150 above if sustains long targets of 49300,49500,49650,49800,50k.
Trade ist aktiv
one short entry made in 1 min chart after tripple top in spot chart
Snapshot
Trade geschlossen: Ziel wurde erreicht
49400 PE 135 points
Snapshot
Anmerkung
Tripple top in spot chart reason for entry target that channel low area
Snapshot
Anmerkung
long entry on channle breakout
Snapshot
Trade geschlossen: Ziel wurde erreicht
Snapshot
Trade ist aktiv
Third entry short sustained below prior day high area
Snapshot
Trade geschlossen: Ziel wurde erreicht
Target next supprt area below and acheived
Snapshot
Anmerkung
Jun 7th Support and Resistances
Snapshot
Anmerkung
Look for rejection or breakout on those marked levels
Anmerkung
Short entry on rejection of 49500 area
Snapshot
Trade geschlossen: Ziel wurde erreicht
Target acheived to immeadiate support level
Snapshot
Anmerkung
49200 area support held lowerside both targets acheived to upside
Snapshot
Supply and DemandSupport and ResistanceTrend Analysis

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