Bank Nifty : Nearing Major Resistance on Short Term Charts !
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-Down
Comment:
Support Turned into Resistance ! Bank Nifty Reversed from 26350 :)
Comment:
After Completing Final Wave ; What A Rally ! 25600 to 26900+