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BANKNIFTY 26 JULY 2021 ANALYSIS

Long
NSE:BANKNIFTY   Nifty Bank Index
Hello Friends..
Hope you all are doing good..
Friends here we have bank nifty analysis for 26th July 2021.
Friends as we can see clearly in the chart that bank nifty closed below its resistance which is near 35100.. In the last trading session we saw bank nifty tried to taste 35100 level and achieved previous day high that is 35088 which is near 35100..So here are some important levels below.. as we analyzed..

IMPORTANT LEVELS:

RESISTANCE 1: 35280
RESISTANCE 2: 35490
SUPPORT 1: 34600
SUPPORT 2: 34400

Buy above 35100 for target 35280, 35490 (SL- 35070).

Sell below 35070 for the target 34600 ,34400(SL- 35100).

IMPORTANT: market may trend sideways...kindly take positions as per market trend. Don't keep high target.

Disclaimer:-We are not SEBI Registered Advisors. Though, All efforts have been made to compile inputs after detailed research. Please do your own research, and consult your financial advisors before investing!

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