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chazzsen
Jan 19, 2020 3:11 PM

BANKNIFTY ANALYSIS for Moday & Tuesday 

Nifty Bank IndexNSE

Description

HELLO TRADERS,
Here i'm going to update you about banknifty spot analysis for this week special for monday & tuesday.
In banknifty as we can see two situtation it all depend upon on tom opening. If tom

Comment

HELLO TRADERS,
Here i'm going to update you about banknifty spot analysis for this week special for monday & tuesday.
In banknifty as we can see two situtation it all depend upon on tom opening.

Bullish lookout- As we can see banknifty closing on support level that is 31480-31520. So according to this situation if tom market will open gape up & take support of 31480 then we can see support will hold price and give bullish move. If support hold prices then it will be trend & triangle support also and upside move will be 32000-32050. if 32100 resistance level give us breakout then can see massive upside.

Bearish lookup- Massive support level is 31450-31400 if banknifty spot break this level so we can see breakout in banknifty spot cause it will give two type of breakout and that will be trend breakout & triangle breakout. if banknifty given us breakout then next support will be 31000-
Comments
chazzsen
HELLO TRADERS,
Here i'm going to update you about banknifty spot analysis for this week special for monday & tuesday.
In banknifty as we can see two situtation it all depend upon on tom opening.

Bullish lookout- As we can see banknifty closing on support level that is 31480-31520. So according to this situation if tom market will open gape up & take support of 31480 then we can see support will hold price and give bullish move. If support hold prices then it will be trend & triangle support also and upside move will be 32000-32050. if 32100 resistance level give us breakout then can see massive upside.

Bearish lookup- Massive support level is 31450-31400 if banknifty spot break this level so we can see breakout in banknifty spot cause it will give two type of breakout and that will be trend breakout & triangle breakout. if banknifty given us breakout then next support will be 31000-
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