kiranrshinde

Banknifty Analysis Intraday Levels 9 July

NSE:BANKNIFTY   Nifty Bank Index
Hello Traders,
Following are my analysis:
Resistance Level :
1. Strong Resistance Zone exists at 35700-800.
2. Strongest Resistance at 35500 .
* Increasing resistance above 35500.

Support Level :
1. 35000 is Strongest Support Level .
2. 34500 is a Strong Support.
3. 34700-800 is Good Support Zone .

Sideways Possibility:
More Sideways above 35000 to 35200 , if market sustains above 35000

*Imp Point:
Sell below Trend Line and at reversal from Resistance level shown.
Buy above Trend Line .

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.

Feragatname

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