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As predicted yesterday, BnkNifty Opened Gap Up Today.
BankNifty can Open Gap Down .... Tomorrow ...!
1. Strong Resistance exists at 35500.
2. Next Good Resistance at 35800.
3. Strong Resistance at 36000.
4. Good Resistance is developing at levels from 35500 to 35800.
1. 35000 has become Strong .
2. Good Support Below is 34500 Level.
3. Good between 35100 and 35250.
1. Orange Line : BnkNifty is now trading below Big Orange Line ..what does that indicate ..Support is broken and ..now it will/can act as a Resistance.
2. Red Line : BnkNifty is also facing a new Resistance as indicated by New Red .
SideWays Possibility :
More Chances of DownSide Sideways market Between the Range 35400 to 35000.
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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