#BANKNIFTY waiting for retracement and Price trading in nearby 1hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance
Why we like it:
Price is trading in nearby 1hr support area
Waiting for bullish candlesticks formed
possible to move the next resistance area
waiting for retracement
1st support:
41300
Next Zone area & horizontal swing Low support
1st Resistance
43800
Zone area & horizontal swing high resistance
Why we like it:
Price is trading in nearby 1hr support area
Waiting for bullish candlesticks formed
possible to move the next resistance area
waiting for retracement
1st support:
41300
Next Zone area & horizontal swing Low support
1st Resistance
43800
Zone area & horizontal swing high resistance