kiranrshinde

Banknifty Intraday Level Analysis 22 July

Long
NSE:BANKNIFTY   Nifty Bank Index
Hello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone exists at 34600-800
2. Strongest Resistance at 35000 .
3. Stronger Resistance at 36000
4. Strong Resistance at 34500.
* Increasing resistance above 35000.

Support Level :
1. 33500 is Strongest Support Level .
2. 34000 is a Strong Support.
3. 34200 is Good Support.

Sideways Possibility:
More Sideways above 34500 to 34800 , if market sustains above 34500.

No Trade Zone:
34350-34500

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.

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