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.
Please do share your thoughts into comment section.
Please hit the Follow button to get the regular analysis.
Please give a like, it motivates me to do analysis and do share with your friends as well.
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.
Please do share your thoughts into comment section.
Please hit the Follow button to get the regular analysis.
Please give a like, it motivates me to do analysis and do share with your friends as well.