Hello Traders, Following are my analysis: Resistance Level : 1. Strong Resistance Zone exists at 35200-35300. 2. Strongest Resistance at 35000 . 3. Stronger Resistance at 35500. 4. New immediate Resistance is 34900 * Increasing resistance above 35000.
Support Level : 1. 34500 is Strongest Support Level . 2. 34000 is a Strong Support. 3. 34700-800 is Good Support Zone .
Sideways Possibility: More Sideways above 34800 to 35000 , if market sustains above 34800
No Trade Zone : 34800 - 34900
*Imp Point: 3 possible ways indicated by 3 different arrows.
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.