kiranrshinde

BanNifty Analysis Intraday Levels 4 June

NSE:BANKNIFTY   Nifty Bank Index
Hello Traders,
Hope you all are fit and fine ... Stay Safe and Trade safe...!

As predicted yesterday, BnkNifty Opened Gap Down ... Today...😎

Resistance Level :
1. Strongest Resistance exists at 35700.
2. Next Strong Resistance at 35800.
3. Stronger Resistance at 36000.
4. Good Resistance has been developing at levels from 35700 to 35800.

Support Level :
1. 35600 has become Strong Support Level .
2. Strong Support at 35500 Level.
3. Good Support Zone from 35300 and 35400.

SideWays Possibility :
More Chances of Sideways market between the Range 35500 to 35800 / No Trade Zone

TrendLine :
Buy above Green Trend Line and above 35800 levels

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 hit the Follow button to get the regular analysis.

Please give a like, it motivates me to do analysis and do share with your friends as well.

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.