BankNifty 24/05/2021 Intraday Levels
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Hope you all are fit and fine ... Stay Safe and Trade safe...!
As predicted in previous analysis, BnkNifty touched 34500 ....
Next Big Target would be 36000, if market sustains above 35100 for couple of days.
BnkNifty forming the Ascending Triangle Pattern ( ATP ), which basically is Bullish .
BankNifty to Open Gap UP .... Tomorrow ...!
Resistance Level :
1. 35000 is next strongest Resistance level .
3. Small resistance exists at 35500 and later at 36000 which is strong.
Support Level :
1. 34500 is Strong Support level .
2. 34000 is next Support Level .
Sideways Possibility :
More chances of sideways market, between 34500 and 35000.
Trend Line :
Buy Above 34700 Trend Line
Sell below trend line 34600 and 34500.
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please hit the Follow button to get the regular analysis.
Please give a like, it motivates me to do analysis and do share with your friends as well.
Hope you all are fit and fine ... Stay Safe and Trade safe...!
As predicted in previous analysis, BnkNifty touched 34500 ....
Next Big Target would be 36000, if market sustains above 35100 for couple of days.
BnkNifty forming the Ascending Triangle Pattern ( ATP ), which basically is Bullish .
BankNifty to Open Gap UP .... Tomorrow ...!
Resistance Level :
1. 35000 is next strongest Resistance level .
3. Small resistance exists at 35500 and later at 36000 which is strong.
Support Level :
1. 34500 is Strong Support level .
2. 34000 is next Support Level .
Sideways Possibility :
More chances of sideways market, between 34500 and 35000.
Trend Line :
Buy Above 34700 Trend Line
Sell below trend line 34600 and 34500.
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please hit the Follow button to get the regular analysis.
Please give a like, it motivates me to do analysis and do share with your friends as well.
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