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kiranrshinde
Jul 1, 2021 2:58 PM

Banknifty Intraday Levels Analysis 2 July 

Nifty Bank IndexNSE

Description

Hello Traders,
Following are my analysis:
Resistance Level :
1. Strong Resistance Zone exists at 35200-35300.
2. Strongest Resistance at 35000 .
3. Stronger Resistance at 35500.
4. New immediate Resistance is 34800
* Increasing resistance above 35000.

Support Level :
1. 34500 is Strongest Support Level .
2. 34000 is a Strong Support.
3. 34600-700 is Good Support Zone .

Sideways Possibility:
More Sideways above 34800 to 35000 , if market sustains above 34800

No Trade Zone :
34700 - 34800

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
murugavelshanthi68
VERY GOOD
kiranrshinde
Hello Everyone,

Please share your thoughts, feeling, queries, experience or anything so that others can learn from your experience as well.
Also, please provide me with the feedback regarding my analysis.
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