kiranrshinde

Banknifty Prediction Analysis Expiry 5 Aug

NSE:BANKNIFTY   NIFTY BANK
Hello Traders,
Following are my analysis:

Resistance Level :
1. Good Resistance Zone at 36200-300
2. Strong Resistance at 36500
3. Stronger Resistance at 36200.

Support Level :
1. Strongest Support at 35000.
2. Stronger Support at 35500.
3. Strong Support Zone at 35700-800.

No Trade Zone :
36000-100

Trend Line:
Buy Above Red Trend Line at Levels 36100 & 36300
Short Sell Below Red Trend Line and at Levels 35950

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

Comments

how to draw s/r is it manual or auto thanks fir levels
Reply
kiranrshinde YogeshWalzade
@YogeshWalzade,

Support & Resistance are drawn manually using Option Chain, and they may vary daily.
Reply
YogeshWalzade kiranrshinde
@kiranrshinde, thanks
+1 Reply