Bank Nifty 3d support and Resistance area.

SCENARIO 1 : The candle close above Resistance area , close above the channel & formed the pin bar candle so if the open is above the pin bar candle with a good bullish candle then its target is up to the yellow trend line .

SCENARIO 2 :If the price close below the white box then bears take the control of market so its first target is the trend line in the photo

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The important levels for option writers are
1. For safe traders 31500 & 33500.
2. For moderate traders 31900 & 33200,
3. for professionals 32000 & 33000

This is only for educational purpose please contact your financial advisor before investing your hard earned money.

My sincere thanks to my Masters trading panthulu, day trader Telugu and Nayan pokharkar.


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