BANKNIFTY: At a Glance, for Trade Date 31st July 2017.

Nifty Bank IndexNSE

Description

⋅ Jul 30, 2017 2:30 PM

At a Glance for Trade Date 31st July 2017.
All Inraday spot levels are plotted on Chart.
For Future Trade:
Go LONG / Short as per Level given Below.

PHASE - I: NORMAL
RES: 24980 (M), 25008 (S), 25052 - 25085 (HZ #1), 25172,

SUP: 24888 (M), 24860 (S), 24816 - 24783 (BZ #1), 24696-

PHASE - II: OPTIMAL
RES: 2517 (M), 25246 (S), 25291 - 25324 (HZ #2), 25411+

SUP: 24652 (M), 24624 (S), 24580 - 23547 (BZ #2), 24461-
What's NEXT watch Post "Fate of BANKNIFTY", Published on 10th JULY 2017 & 29th July 2017.

Abbreviation: M => Minor, S => Strong, HZ => Hurdle Zone, BZ => Bounce Zone

Future Entry / EXIT level will be Updated Later.

If enriched your knowledge,
Please don't forget to Hit / Click Like button.

Comment appreciated.

Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.

Comments

AMBRISH

⋅ Jul 30, 2017 4:28 PM

what is PCL? ,I will be waiting for Future levels. Future premium is creating havoc in trading.

DSKF16

⋅ Jul 30, 2017 4:37 PM

@AMBRISH, At first, "PCL": it is Phase Change Level (i.e. from Phase - I to Phase - II). Probably you noticed, i have used 4 (four) colour, 2 (Two) in each direction. So, there are two Phase.

Secondly, Already mentioned Fut Levels, Phase - I "NORMAL", Phase - II "Optimal". if time permits, Chartical snapshot will be published as update.

AMBRISH

⋅ Jul 31, 2017 3:01 AM

@DSKF16, Thank You for explanation , if you can provide snap shot it helps to download for future reference.