BANKNIFTY ANALYSIS
After strong selling and breaking the support of 43530-43550 we have some new support and resistance
As per the trading rule support becomes resistance and resistance becomes support.
see the given chart where i had drawn some of the main support and resistance
BANKNIFTY Our new lvls are:-
-SUPPORT LVL:-43020-43050
-After breakdown we can see bank nifty trading at 42700-42750.
-RESISTANCE LVL:-43520-43550
-After breakout we can see the lvl of old support(43520-43550) as resistance.
NOTE-I AM NOT SEBI REGISTERED ANALYST.
PLEASE ANALYSE THEN TRADE I AM SHARING MY VIEWS
THANK YOU FOR YOUR SUPPORT
As per the trading rule support becomes resistance and resistance becomes support.
see the given chart where i had drawn some of the main support and resistance
BANKNIFTY Our new lvls are:--SUPPORT LVL:-43020-43050
-After breakdown we can see bank nifty trading at 42700-42750.
-RESISTANCE LVL:-43520-43550
-After breakout we can see the lvl of old support(43520-43550) as resistance.
NOTE-I AM NOT SEBI REGISTERED ANALYST.
PLEASE ANALYSE THEN TRADE I AM SHARING MY VIEWS
THANK YOU FOR YOUR SUPPORT
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