📊BANKNIFTY IDEA - 28-12-2022

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BANKNIFTY
Banknifty key levels are marked on chart.

Intraday resistance - 43000 if breaks then bullish move is expected.
If it doesn't break and if drift below 42850 then a fall towards the major Support 42000 Is expected.

The price has reversed instantly with high momentum from major trendline support.
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Use position sizing according to your stoploss level.

Like this idea if you find it useful and please share with your friends.
Keep learning,
Happy trading.

Thankyou.
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Clear rejection from the 43000 resistance zone and fall
BANKNIFTYintradayNIFTYpositionalreturnoninvestmentSupply and DemandtradingtradingviewTrend Analysis

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