kiranrshinde

Banknifty Prediction Analysis Levels, 11 Aug

Short
NSE:BANKNIFTY   NIFTY BANK
Hello Traders,
Following are my analysis:

Resistance Level :
1. Good Resistance Zone at 36200-400
2. Strong Resistance at 36500
3. increasing resistance above 36500

Support Level :
1. 35800-900 is Good Support Zone .
2. 35800 is a Good Support Level .
3. 35500 is Stronger Support Level .

No Trade Zone :
36000-36100

Imp Point:
More possibility of Green Trend Line Breakdown and Sideways market.

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

100% right Anylisis,
Perfect levels as per chart
+1 Reply
kiranrshinde acharyastate
@acharyastate,

Thank you for the comment.
Reply