Banknifty Prediction and Analysis 26 July
Hello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone exists at 35200-400
2. Stronger Resistance at 35500
3. Good Resistance at 35700.
* Increasing resistance above 35000.
Support Level :
1. 34800 is Strong Support Level .
2. 34000 is a Strong Support.
3. 34500 is Stronger Support.
*IMP Point:
35000 is crucial level.
If market opens above 35000 then it would act as Support and if it opens Below then it would act as resistance.
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.
Following are my analysis:
Resistance Level :
1. Good Resistance Zone exists at 35200-400
2. Stronger Resistance at 35500
3. Good Resistance at 35700.
* Increasing resistance above 35000.
Support Level :
1. 34800 is Strong Support Level .
2. 34000 is a Strong Support.
3. 34500 is Stronger Support.
*IMP Point:
35000 is crucial level.
If market opens above 35000 then it would act as Support and if it opens Below then it would act as resistance.
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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