BankNifty Futures Key Trading Levels 4th to 8thJuly 2022_weeklyBank Nifty Futures Key Trading Levels 4th to 8thJuly 2022_weekly
If Price sustain above 33630 the long position can be created with stop below 33500 for a1st target of 33900 to 34000.
if price start sustaining above on 34000 then 2nd target would be 34200 and breakout above 34250 then 3rd target would be 33400 to 34700.
Incase price get rejected from 34000 level and start closing below 33900 then downside target would be 1st 33650, 2nd target 33350.
If Price start closing below 33300 then 1st down side target is 33060 to 33000 further breakdown below 33000 then downside target will be at 32700 to 32500.
Strong support at 32700 to 32500 any break down below will lead to downside of 32000 to 31750.
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
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