NiftyBank Futures Positional trade Support and Resistance Zones
N#iftyBank Futures Positional trade Support and Resistance Zones based on daily and Weekly time frame.
Incase of any strong Negative Global News or Russia and Ukraine war possibilities escalate below levels may act as support zone.
1st Support Zone 36300 to 37700.00
2nd Support Zone 34200 to 35500
3rd Support Zone 33300 to 32300
4tth Strong support and Value Buying Zone
If Below Resistance are broken and Banknifty sustain above 40400 levels then Bank nifty can see 50000 levels by this year end.
1st Resistance 39900 to 40350
2nd Resistance 41400 to 41950.
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. these are my personal views & I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Incase of any strong Negative Global News or Russia and Ukraine war possibilities escalate below levels may act as support zone.
1st Support Zone 36300 to 37700.00
2nd Support Zone 34200 to 35500
3rd Support Zone 33300 to 32300
4tth Strong support and Value Buying Zone
If Below Resistance are broken and Banknifty sustain above 40400 levels then Bank nifty can see 50000 levels by this year end.
1st Resistance 39900 to 40350
2nd Resistance 41400 to 41950.
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. these are my personal views & I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Trade active:
Banknifty near 1st Major support today 1200 points fall
Trade active:
Banknifty at 2nd Major Support Zone
positional short is still active 3000 points plus profits.....till now
positional short is still active 3000 points plus profits.....till now