Bank Nifty Support & Resistance Levels for Tomorrow
Updated
* Bank nifty made Inside candle in Day frame, If Previous day high or low will break we can see good move either side.
* If we observe Bank nifty in 1Hr Time frame it seems like inverted flag However we have to take decision in live market as of now we have to
Draw the crucial levels for Tomorrow.
Support & Resistance levels
Support: 35350
Resistance : 36150
Note : HDFC bank will announce their results Monday as HDFC has heavy weightage in Bank nifty it can move index significantly so if resistance will break chances are there that BN will touch 36500 levels.
*Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
* If we observe Bank nifty in 1Hr Time frame it seems like inverted flag However we have to take decision in live market as of now we have to
Draw the crucial levels for Tomorrow.
Support & Resistance levels
Support: 35350
Resistance : 36150
Note : HDFC bank will announce their results Monday as HDFC has heavy weightage in Bank nifty it can move index significantly so if resistance will break chances are there that BN will touch 36500 levels.
*Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
Note
As Discussed Support 35350 became as Resistance for Today due to Huge Gapdown, Still our levels worked perfectly.
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