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BANKNIFTY Intraday Tips For 12 Dec 2018

Last update on 11 Dec 2018
BANKNIFTY (EXP 27 Dec 2018) CMP-26231.1 currently in up side in intraday. It is likely to test resistance 26448.60 / 26666.10 / 27037.20. If it breaks below 26077.50 with volume then it may test lowerside supports, such as 25860.00 / 25488.90 / 25271.40.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 27037.20
R3 26666.10
R2 26448.60
R1 26263.05
PP 26077.50
S1 25968.75
S2 25860.00
S3 25488.90
S4 25271.40
Last Day High 26295
Last Day Low 25706.4
LastLast Day Close 26231.1
Close up side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)