Banknifty Intraday Level Analysis 22 July

Hello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone exists at 34600-800
2. Strongest Resistance at 35000 .
3. Stronger Resistance at 36000
4. Strong Resistance at 34500.
* Increasing resistance above 35000.

Support Level :
1. 33500 is Strongest Support Level .
2. 34000 is a Strong Support.
3. 34200 is Good Support.

Sideways Possibility:
More Sideways above 34500 to 34800 , if market sustains above 34500.

No Trade 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.

I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis and do share with your friends as well.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.