Bank nifty support& Res Levels for tomorrow (Cup Handle pattern)
Bank nifty took Support @ 34650 levels on 2nd July and made bullish reversal candle in Day frame, Confirming the support Bank nifty Gap up and made Bullish Candle with Range of 300 points Today 5th July . If we Observe Previously Price got rejected from 35500 levels and market started falling(Ref: 4th & 28th June).So 35500 level will act as crucial level for tomorrow market.
Considerable Support & Resistance levels for Tomorrow
Support 1: 35000
Support 2: 34700
Resistance 1: 35500(As 35500 Acted as major resistance about 1month,if this level will break there is a chance that Bank nifty will rally upto 36000)
Resistance 2: 35800
>> Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades.
Considerable Support & Resistance levels for Tomorrow
Support 1: 35000
Support 2: 34700
Resistance 1: 35500(As 35500 Acted as major resistance about 1month,if this level will break there is a chance that Bank nifty will rally upto 36000)
Resistance 2: 35800
>> Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades.
Trade closed: target reached
