kiranrshinde

Banknifty Prediction Intraday Levels Analysis, 17 Aug

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

Resistance Level :
1. Strong Resistance Zone at 36200-300 and 36600-700
2. Strong Resistance at 36500
3. Good Resistance at 36100
4. Increasing Resistance above 36500
5. Stronger Resistance at 36200.

Support Level :
1. 35800-900 is Good Support Zone .
2. 35700 is a small Support Level .
3. 35500 is Stronger Support Level .
4. 36000 is the Strongest Support Level .

Sideways Possibility:
36000-300

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.

Comments

Traded the gap below 35700 and above 35800. Cheers!!!
+1 Reply
@kvsaheed,

Well Done ...
Reply