kiranrshinde

BankNifty Analysis 1 June Intraday Levels

Long
NSE:BANKNIFTY   NIFTY BANK
Hello Everyone,
Hope you all are fit and fine ... Stay Safe and Trade safe...!

BankNifty can Open Gap Up .... Tomorrow ...!

Resistance Level :
1. Strong Resistance exists at 36000.
2. Next Good Resistance at 35800 from current Levels.
3. Good Resistance at 36500.

Support Level :
1. 35000 has become Strong Support Level .
2. Next Support Below is 34500 Level.

*We Can see the 35500 is acting as a Good Support.

Important Note :
Buy Above Green Trend Line and at 35600 levels.
Sell Below 35450 and below Green Trend Line .

This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn Market.

I hope you all like my analysis.
Please do share your thoughts into comment section.

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Comments

keep up the good work bro
+1 Reply
kiranrshinde mukkisa23
@mukkisa23,

Thank you so much ...
Keep liking .. and sharing .. so that others can get benefit of it.
Reply
More Resistance developing at 35500....
Trade accordingly...
Reply
Guys don't miss the Intraday Video that i would be Uploading ... on YouTube Channel " BankNifty Only".
It is going to learning for new trader and revision for all.
Reply
@kiranrshinde, looks like option writer exit there position from call side and shifted to put side
+1 Reply
kiranrshinde embarrassedLem77694
@embarrassedLem77694,

Yes ..you are right ..may be in a mood to take revenge of last expiry ... ha ha ha.
Reply
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