As per option data 34000-34150 will act as a strong support and 34700-800 will act as a strong resistance. Now we have to look how data will be in option chain on Monday then we will take decisions in market. This view is only for educational purpose. Kindly trade on your own risk.
Banknifty analysis for upcoming some days. Trade on you own risk. This view is only for educational purpose.
Banknifty levels resistance and support may work today
As per my previous analysis our ce position was at 35700-35700 zone. We can continue the position till we cannot reach the upper trendline. Upper trendline now strong resistance. It can be reverse from where we are because this is 0.5 level of fibonacci on 1 hour timeframe. also market will back from 36300 zone because this is another level of fibonacci. but we...
As per option data 17100 is important resistance and 17900 important support but 17900 broke then 17800 is most crucial support. More chances it will test this level. Kindly trade on your own risk. I'm not responsible for your financial losses. This video is only for educational purpose only. Thank you very much.
If Bank nifty opened dawn side then the trendline shown in red color will became Strong resistance. 36100 is important resistance and 35700 is important support for bank nifty if breaked then 35500 will become crucial important support. We will think about CE position for intraday only at this zone 35700-35500 stoploss should be 35400. Kindly trade on your own...
Banknifty has taken support on trendline. If this trend line break below and sustain there may be Banknifty call again below support. Upper side today's top is resistance but we can enter on the above trendline if break. Kindly trade on your own risk. I am not sebi registered and this analysis only educational purpose only.
I think nifty will move above 17320 towards 17450.
Banknifty analysis with tib retracement and volume profile range . I think may be work. Please take advice of you financial analyst befor invest. This is just an idea. I'm not responsible for your any type of losses.