kiranrshinde

Banknifty Prediction Analysis Levels 1 Aug

Short
NSE:BANKNIFTY   Nifty Bank Index
Hello Traders,
Following are my analysis:

Resistance Level :
1. Good Resistance at 34700 and 34800
2. Strong Resistance at 35500
3. Stronger Resistance at 35000.
* Increasing resistance above 35000.

Support Level :
1. 34200 is Good Support Level .
2. 34000 is a Strong Support Level .
3. 34500 is Stronger Support Level .
4. Small Support at 34400 & 34200

Cup Handle Pattern:
Targets - 34700 , 34800 indicated by Blue Arrow, but please take a look Resistance and Resistance Zone.

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

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