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Nifty Bank Index
Long
Jul 27, 2021
NIFTY SUPPORT AND RESISTANCE FOR 27 JULY 2021
1
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SCENARIO 1
BUY ABOVE 35150 WITH TIGHT STOP LOSS. PRICE WILL MOVE RAPIDLY ABOVE 35339.
TARGET 1: 35350
TARGET 2 : 35650
STOPLOSS: 35800
SCENARIO 2
SELL BELOW 34800. WE CAN SEE A FALL UPTO 34650
SELL TARGET 1: 34650
SELL TARGET 2: 34250
STOPLOSS: 35100
STRONG SUPPORT: 35020
STRONG RESISTANCE RANGE: 35614
IMMEDIATE RESISTANCE: 35339
RESISTANCE RANGE: 35500 -35700
BANKNIFTYOPTIONS TO LOOK FOR
BANKNIFTY 35200 CE 229ULY
BANKNIFTY 35500 CE 29 JULY
BANKNIFTY 35000 PE 29 JULY
BANKNIFTY 34800 PE 29 JULY
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