Hello Everyone,
Hope you all are fit and fine ... Stay Safe and Trade safe...!
As predicted market was sideways between 33900 and 33700.
BankNifty to Open Gap Down .... Tomorrow.
Resistance Level :
1. 34000 to 34500 is next level of Resistance developing.
2. 34000 is strongest Resistance level .
Support Level :
1. 33500 is next Support level .
2. 33000 is next Support level.
Sideways Possibility :
More chances sideways market if sustains above 33500.
Trend Line :
Buy Above 33600 and above Trend Line
Sell below 33500 and below trend line.
Most Important :
BnkNifty is in Down Trend as indicated by Indicator forming LL and LH.
BnkNifty will try to fill the Gap created yesterday.
In morning first 1 hrs you can see the selling pressure to fill the Gap. It will hault around 33500 as being the Strong Support.
If this level is broken with large volume then a good down fall can be seen till 33000.
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.
Hope you all are fit and fine ... Stay Safe and Trade safe...!
As predicted market was sideways between 33900 and 33700.
BankNifty to Open Gap Down .... Tomorrow.
Resistance Level :
1. 34000 to 34500 is next level of Resistance developing.
2. 34000 is strongest Resistance level .
Support Level :
1. 33500 is next Support level .
2. 33000 is next Support level.
Sideways Possibility :
More chances sideways market if sustains above 33500.
Trend Line :
Buy Above 33600 and above Trend Line
Sell below 33500 and below trend line.
Most Important :
BnkNifty is in Down Trend as indicated by Indicator forming LL and LH.
BnkNifty will try to fill the Gap created yesterday.
In morning first 1 hrs you can see the selling pressure to fill the Gap. It will hault around 33500 as being the Strong Support.
If this level is broken with large volume then a good down fall can be seen till 33000.
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.