Bank nifty support & Res Levels (Bearish Tomorrow) ?
1. If We observe Bank Nifty was in a range about 6 days (Since 9th June 21), Today also price got rejected from higherlevel(35380) channel Resistance.
2. As we can see very good moves are happening whenever price touches the Channel RES/SUP in chart.
3. We Can plan Tomorrow Market in two Scenarios.
a) Taking Todays low i.e., 34900 as Support market may rise upto 35400
b) If Gapdown faces 34900-35000 as Resistance and fall upto 34500
if 34500 level breaks we can see next Support at 34300 levels.
-> Enter With good confirmation.
*******Knowledge Purpose only********
--->> Visit my Ideas Page for Daily Stock Analysis and check my previous stock analysis performance. I usually prefer Swing & Intraday Trades with Good Breakout confirmations and Best Risk Reward Stocks.
2. As we can see very good moves are happening whenever price touches the Channel RES/SUP in chart.
3. We Can plan Tomorrow Market in two Scenarios.
a) Taking Todays low i.e., 34900 as Support market may rise upto 35400
b) If Gapdown faces 34900-35000 as Resistance and fall upto 34500
if 34500 level breaks we can see next Support at 34300 levels.
-> Enter With good confirmation.
*******Knowledge Purpose only********
--->> Visit my Ideas Page for Daily Stock Analysis and check my previous stock analysis performance. I usually prefer Swing & Intraday Trades with Good Breakout confirmations and Best Risk Reward Stocks.
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