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Nifty Bank Index

Nifty Bank Key Trading levels for 16th Sept 2021

By sbkurandwad77
Updated

Support Levels

New Support Zone for Bank nifty : 36630 to 36666

Resistance levels

Immediate Major Resistance level 36849 to 36921
2nd Resistance Zone 37107 to 37141
3rd Resistance Zone 37341 to 37465

Targets:
Long: If Breakout above 1st resistance
Target is 37138 ( 215 Points)

2nd Target 37465 ( 320 Points) If Breakout above 2nd resistance

3rd Targets 38000 (500 Points) if Breakdown above 37500


Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor for before making trading decision.
Trade active
1st Long target done
Trade active
2nd Long target on Nifty Bank futures done
Trade closed: target reached
3rd long target achieved ion Bank nifty Futures
Beyond Technical AnalysisChart PatternsniftybankanalysisniftybanklevelsniftybankoptionniftybanktradesetupniftybanktrendniftybankviewTrend Analysis
sbkurandwad77

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