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.