ChandraY

04:39

ChandraY

In this video I will show you how to draw #Support and #Resistance Levels. I have used #Banknifty as an example.

04:10

ChandraY

Banknifty view for 10th Jan. #Bullishview 1) If it breaks current resistance level close above 42630 we can see up-move till next Resistance1/Target1 at 42840 to 42880 levels. If there is no rejection at this level then next target is around 43000. #Bearish view 1) If it won't break current resistance level then the Support1/Target1 is 42400-42360 level, if it...

ChandraY Updated 

1) Banknifty didn't sustain above support level and the first 15 mins candle is rejection of uptrend. Fall down by breaking Support 1 & 2 levels of 6th Jan view and took support at 1 hour TF 41900 level. ############# 9th Jan Intraday view ########################## ##Bullish View 1) Currently Banknifty at resistance level and Falling Wedge breakout, but the last...

ChandraY Updated 

Today banknifty gap up opening and didn't sustain, 2 intraday supports (42900 & 42500) broken. Took support at hourly TF trendline(42300) and move upside by breaking Resistance at (42500) with Bullish Engulfing candle. Tomorrow's View Only: 1) If it sustain above support1(42520 to 42570) by closing 15 mins green candle, it will go Resistance/Target1 (42820 to...