Banknifty 15 July Expiry Special
Hello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone exists at 35700-800.
2. Strongest Resistance at 36000 .
3. Strong Resistance at 35700
* Increasing resistance above 36000.
Support Level :
1. 35500 is Strongest Support Level .
2. 35000 is a Strong Support.
3. 35200-500 is Good Support Zone .
No Trade Zone : 35600-35700
Sideways Possibility:
More Sideways above 35500 to 35800 , if market sustains below 35800
* Imp Point:
Buy Above Violet Trend Line above 35800, Short Sell Below Violet Trend Line.
If 35400 level is broken then we can see the Gap filling and bounce back from Support Trend Line .
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.
Following are my analysis:
Resistance Level :
1. Good Resistance Zone exists at 35700-800.
2. Strongest Resistance at 36000 .
3. Strong Resistance at 35700
* Increasing resistance above 36000.
Support Level :
1. 35500 is Strongest Support Level .
2. 35000 is a Strong Support.
3. 35200-500 is Good Support Zone .
No Trade Zone : 35600-35700
Sideways Possibility:
More Sideways above 35500 to 35800 , if market sustains below 35800
* Imp Point:
Buy Above Violet Trend Line above 35800, Short Sell Below Violet Trend Line.
If 35400 level is broken then we can see the Gap filling and bounce back from Support Trend Line .
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.
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