kbmj

Bank Nifty : Nearing Major Resistance on Short Term Charts !

NSE:BANKNIFTY   NIFTY BANK
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 !!!
Trade closed: target reached: Opened Gap-Down
Comment: Support Turned into Resistance ! Bank Nifty Reversed from 26350 :)
Comment: After Completing Final Wave ; What A Rally ! 25600 to 26900+
26k possible.
+1 Reply
kbmj Kainthaje
@Kainthaje, It may come :)
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