BANKNIFTY TECHNICAL ANALYSIS 22 July 2021
Hello Friends..
Hope you had a good time ...
Friends. Here are some important levels for bank nifty for tomorrow session..
Market may be much volatile and huge gap up opening is expected..as tomorrow is weekly expiry and market is opening after one day because of holiday on 21/07/2021. Need to be very careful as market may trend in sideways..
IMPORTANT LEVELS:
34557 may act as an important support breakdown of this level may bring 200 to 400 points further downfall.
Market trend Neutral.
RESISTANCE 1: 34757
RESISTANCE 2: 35094
SUPPORT1: 34220
SUPPORT2: 34020
Sell Below 34350 For the target S1, S2. (SL 34390).
Buy Above 34557 For the target R1, R2. (SL 34530).
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!
Hope you had a good time ...
Friends. Here are some important levels for bank nifty for tomorrow session..
Market may be much volatile and huge gap up opening is expected..as tomorrow is weekly expiry and market is opening after one day because of holiday on 21/07/2021. Need to be very careful as market may trend in sideways..
IMPORTANT LEVELS:
34557 may act as an important support breakdown of this level may bring 200 to 400 points further downfall.
Market trend Neutral.
RESISTANCE 1: 34757
RESISTANCE 2: 35094
SUPPORT1: 34220
SUPPORT2: 34020
Sell Below 34350 For the target S1, S2. (SL 34390).
Buy Above 34557 For the target R1, R2. (SL 34530).
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!
Trade closed: target reached:
Nifty bank opened gap up...as discussed market trend was neutral and sideways ...made high 34980++ today and reversed from this level and closed at 34677..