Expecting choppy market between 38035 to 37826 wait for breakout from these levels either upside or downside.
all important levels are mentioned on chart
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This Analysis Is Done Only For Educational Purpose,...
Bank Nifty Trade Plan for 05 OCT 2021
Bank Nifty likely to open gap down.
The immediate support for Bank Nifty would be around 37300 zone, if that is compromised we can expect Bank Nifty to test 37126 levels.
In case of this support of 37100 getting compromised we can expect it to again test 36900.
If 37126 holds good and sustains then we can expect a pull...
Hello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone at 37600-700
2. Strongest Resistance at 38000.
3. Good Resistance at 37800.
4. Good Resistance at 37500.
Support Level :
1. 37300 is Small Support Level .
2. 37000 is Strong Support Level .
3. 36800 is Good Support Level
No Trade Zone: 37400-500
This is not Buy and Sell...
Hello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone at 38200-300
2. Strongest Resistance at 38000.
3. Good Resistance at 38500.
4. Good Resistance at 38200.
Support Level :
1. 37500 is Good Support Level .
2. 37000 is Strong Support Level .
3. 37350 - 500 is Good Support Zone
No Trade Zone: 37700-800
This is not Buy and Sell...
Expect Bank Nifty to open gap down.
Global weakness withnessed in the last trading session and expecting nifty to open gap down.
Key levels on the lower side to be watched out are Bullish Reversal of 37653 and 37361 levels, Any of the these levels compromised on the lower side we can can expect BN to test out Target 1 and Target 2 (37 K levels).
If that is...
Hello Traders,
Following are my analysis:
Imp Point:
Keep an Eye on Symmetrical Triangle Pattern Breakout.
Resistance Level :
1. Good Resistance Zone at 38600-700
2. Strongest Resistance at 38500.
3. Good Resistance at 37900.
4. Strong Resistance at 38200.
Support Level :
1. 37800 is Good Support Level .
2. 38000 is the Stronger Support Level .
3. 37500 is...
Hello Traders,
Following are my analysis:
More chances of Gap Down Opening.
Resistance Level :
1. Good Resistance Zone at 38200-300
2. Strongest Resistance at 38000.
3. Good Resistance at 37900.
4. Strong Resistance at 38200.
Support Level :
1. 37700 is Good Support Level .
2. 37000 is the Strongest Support Level .
3. 37500 is Strong Support Level .
Sideways...
Expect a small gap up opening in Bank Nifty.
Bank Nifty is comparatively weaker then Nifty and also closing below the next day CPR levels.
37200 is a very strong resistance for BN , if that is taken on the upside and sustains then we can expect a possible upmove.
Any resistance around 37200 we can expect BN to again test yesterday lows and lower.
