Hello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone exists at 35100-200
2. Stronger Resistance at 34800
3. Strong Resistance Zone at 34700-800.
4. Strongest Resistance at 35000.
* Increasing resistance above 35000.
Support Level :
1. 34100-300 is Strong Support Zone.
2. 34000 is a Strong Support Level.
3. 34500 is Stronger Support Level.
4. 34200-300 Good Support Zone .
NO Trade Zone : 34500-700
Trend Line :
Buy above trendline ...
Sell below trendline ..
*Imp Point:
34500 is crucial level for tomorrows expiry, if market opens above then it would act as good support, if opens below then good resistance level.
Try to avoid trading in first half if market Opens FLAT.
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.
Following are my analysis:
Resistance Level :
1. Good Resistance Zone exists at 35100-200
2. Stronger Resistance at 34800
3. Strong Resistance Zone at 34700-800.
4. Strongest Resistance at 35000.
* Increasing resistance above 35000.
Support Level :
1. 34100-300 is Strong Support Zone.
2. 34000 is a Strong Support Level.
3. 34500 is Stronger Support Level.
4. 34200-300 Good Support Zone .
NO Trade Zone : 34500-700
Trend Line :
Buy above trendline ...
Sell below trendline ..
*Imp Point:
34500 is crucial level for tomorrows expiry, if market opens above then it would act as good support, if opens below then good resistance level.
Try to avoid trading in first half if market Opens FLAT.
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.