Bank Nifty : Nearing Major Resistance on Short Term Charts !
Updated
Dear All ,
Nifty Bank is Near to Resistance Levels of 26700-26750 which is 61.8% Retracement Levels of Recent Fall ! If Bank Nifty Sustains above this Range , A Rally of 150-200 Points is Possible but If Bank Nifty Faces Resistance ; Be Ready for A Sharp Correction !
Support Levels : 26350-26150 Levels !
Resistance : 26700-26750 Levels !
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !
Regards ,
Mohit Jangir (KBMJ)
Happy Trading !!!
Nifty Bank is Near to Resistance Levels of 26700-26750 which is 61.8% Retracement Levels of Recent Fall ! If Bank Nifty Sustains above this Range , A Rally of 150-200 Points is Possible but If Bank Nifty Faces Resistance ; Be Ready for A Sharp Correction !
Support Levels : 26350-26150 Levels !
Resistance : 26700-26750 Levels !
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !
Regards ,
Mohit Jangir (KBMJ)
Happy Trading !!!
Trade closed: target reached
Opened Gap-DownNote
Support Turned into Resistance ! Bank Nifty Reversed from 26350 :)Note
After Completing Final Wave ; What A Rally ! 25600 to 26900+
Disclaimer
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.