kiranrshinde

BanKNifty Expiry Special IntraDay Level

NSE:BANKNIFTY   NIFTY BANK
Hello Traders,
Hope you all are fit and fine ... Stay Safe and Trade safe...!

As predicted yesterday, BnkNifty Opened Gap Down ... Today...😎

Resistance Level :
1. Strongest Resistance exists at 35500.
2. Next Strong Resistance at 35800.
3. Stronger Resistance at 36000.
4. Good Resistance has developing at levels from 35500 to 35800.

Support Level :
1. 35000 has become Strong Support Level .
2. Good Support Below is 34500 Level.
3. Good Support Zone between 35100 and 35300.

SideWays Possibility :
More Chances of Sideways market at for the first half, Between the Range 35500 to 35000.

TrendLine :
Sell below green trend line and at levels of 35500 when you see reversal from this level.

*Note : Try to Trade in Second Half, so that the picture would be more clear ...on buying and selling side.
It's an Expiry Day ... trade keeping in mind that Option Premium decays more than usual day.

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.
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Comments

Good analysis Shinde ji missed 2nd half trade which was bullish from the 35500 support zone over all past from 2 days quote a good analysis which are very near to in exexution
+1 Reply
kiranrshinde vishug1971
@vishug1971,

Thank you for following me closely and taking my analysis into consideration both on TradingView and On My Channel "BankNIfty Only" as well.

Do keep sharing your thoughts and keep liking ...
Reply
Do not forget to watch the video on my channel.
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