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kiranrshinde
May 31, 2021 1:52 PM

BankNifty Analysis 1 June 2021 Long

Nifty Bank IndexNSE

Description

Hello Everyone,
Hope you all are fit and fine ... Stay Safe and Trade safe...!

BankNifty can Open Gap Up .... Tomorrow ...!

Resistance Level :
1. Strong Resistance exists at 36000.
3. Nest Good Resistance at 36500.

Support Level :
1. 35000 has become Strong Support Level .
2. Next Support Below is 34500 Level.

*We Can see the 35500 is acting as a Good Support.

Important Note :
1. Today, what we see is a Large BULLISH Engulfing Candel ..what does it suggest ... Up Trend or Bullish Movement.

This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn Market.

I hope you all like my analysis.
Please do share your thoughts into comment section.

Please hit the Follow button to get the regular analysis.

Please give a like, it motivates me to do analysis and do share with your friends as well.
Comments
praveennarashimamurthy15
Sir,
Important points noted. Thank you sir
kiranrshinde
@praveennarashimamurthy15,

Very good hummm....
No need to specify now onwards ..Right ..? Becoming Clever ...
Happy to see this ...
praveennarashimamurthy15
Sir,
In this lock down time, I taught of making money. As I work in mall in retail store, its closed now. No salary, I had saved approx rs. 50000 which I was keeping for future. In Google YouTube first I search for which demat account is better. Then I came to conclusion to open it in Angel broker Why? Bsz brokerage is less compare to others.
.
Now I got my demat account open, I deposit my Rs. 50000. Trust me sir, for 1 week daily I was simply seeing the candle stick format. From morning till evening don't know how to take shares. Don't know when to buy, when to exit. Then say video of banknifty expire where from rs 10 it will go to rs. 250.
.
Guruji,
Then I stated to take the call, first day morning blindly took the CE at 9.20am and I closed the app and I was engaged in my daily job. At end of the day 3.30pm trust me sir, I got rs. 5000 profit. Next day with the same hope and confidence took blindly that today also I will get rs. 5000. But my luck all my money lost and now it is in minus amount.
.
Guruji
Later on you only know sir, sir thank you so much to you that I got you and your motivation words, which I made it as rules of intraday.
.
Guruji,
Still I want to learn, I want to see your video and your motivation voice.
.
Guruji,
You are my inspiration....
.
This was my experience with share market. Please please I am requesting you to all to learn first don't blindly jump into the ocean without knowing swimming or lifeguard.
.
I am learning alot from you sir.
.
Thank you so much. Today I took more time to write bsz if you would have connected before, I would have learnt something and some amount I would have saved it.
.
Guruji
I am thankful to you that atleast now I will learn first and then earn.
kiranrshinde
@praveennarashimamurthy15,

Such comments make my day.

Keep Learning .... Supporting and Sharing ....
rahulmnp88
Sir, what is your youtube channel name? Please send link if it is possible.
kiranrshinde
@rahulmnp88,

Hi Rahul .. you can find its name in the previous chats ... please take a look at it.

I Got a Warning from TradingView Moderator of not promoting anything external to TV, not even allowed to Share external links as my account is not Premium one.

Guys ..please help him ...Sorry Rahul..
zAngus
@kiranrshinde, you can direct message users who ask for your details.
kiranrshinde
@Angusmck,

Thank you for the Reply ..
I thought that, even that won't be allowed ...
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