Banknifty - Trading Levels & Guidelines for 26th Aug'24 (Mon)

Banknifty - Trading Guidelines for 26th Aug'24

Long Breakout - 51,077 - Only Bulls above this level - No Bears above this level

Pivot Point - 50,969 - Above this level is Bullish and Below this level is Bearish

Short Breakout - 50,790 - Only Bears below this level - No Bulls below this level

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Astro View is Bullish - 85% probability

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Gann Cycle - Support / Resistance

Support - 50622 / 50713

Resistance - 51,073 / 51,165

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BTST Strategy 

Indicating bearish for monday.   Keep an eye on 51,100 Put.   If we open gap up, then expecting that the bears can attack at higher levels.

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Point of Control

Stoploss for all long positions - 50,856 

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Option Trading Levels