chetantvc

BANKNIFTY ANALYSIS 6TH JULY 2021

Long
chetantvc Updated   
NSE:BANKNIFTY   Nifty Bank Index
SUPPLY & DEMAND
BANKNIFTY MAY REACH 35400 LEVELS
WITH SL OF 35100 FOR LONG
SHORT ONLY BELOW 35000 FOR THE TARGET 34800 (A SMALL GAP FILLING)
35000 IS A VERY GOOD SUPPORT, WHICH HAS THE HIGHEST OPEN INTREST FOR THE WEEK.

LEVELS INVALID WITH HUGE GAPUP OR GAPDOWN

FOR THE LONG TERM VIEW
A DAILY CLOSE ABOVE 36000 WILL LEAD TO 36600, 37000, 37700.


DISCLAIMER:- THE ABOVE CHART IS ONLY FOR KNOWLEDGE & STUDY PURPOSE, JUST SHOWING MY VIEW.


Comment:
SUPPLY ZONE 35372-35428
Trade closed: target reached
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