Nifty 50 Support and Resistance Levels for July 22, 2024 Support Levels: - 24400: This is a critical support level. If the market breaks below this level, it may indicate further downside potential. - 24300: If 24400 is breached, watch for potential support around 24300. A bounce from this level could signal a temporary reversal. Resistance Levels: - 24500: If...
Market Analysis for July 22, 2024 Support and Resistance Levels: - Support Levels: Today's crucial support level is set at 52,200. A strong market opening above this level suggests potential for upward movement. - Resistance Levels: Currently identified resistance levels include: - Immediate Resistance: 52,400 - Stronger Resistance: 52,600 Technical...
# Bank Nifty Technical Analysis - 5th April 2024 ## Market Overview Bank Nifty continued to adhere closely to the support and resistance levels identified in the previous session, demonstrating the significance of these levels in guiding market movements. ### Support Levels **1. Support Levels:** - **48,000:** Identified as a crucial support level for Bank...
Nifty 50 Technical Analysis - 5th April 2024 ## Market Overview Nifty 50 exhibited interesting behavior today, with the support and resistance levels playing a crucial role in market movements. ### Support Levels **1. Support Levels:** - **22,300:** Identified as a key support level for Nifty 50. - **22,400:** Previously acted as resistance but now...
Nifty 50 Technical Analysis - 4th April 2024 ## Market Overview Nifty 50 is exhibiting key support and resistance levels, providing potential trading insights for tomorrow's session. ### Support Levels **1. Support Levels:** - **22,400:** Initial support level for Nifty 50. If the market opens above this level, it may act as support. ### Resistance...
Bank Nifty Technical Analysis - 4th April 2024 ## Market Overview Bank Nifty is exhibiting notable support and resistance levels, indicating potential trading opportunities for tomorrow's session. ### Support Levels **1. Support Levels:** - **47,400:** Initial support level for Bank Nifty. - **47,600:** Secondary support level. If the market opens above...
Nifty 50 Technical Analysis - 27th March 2024 ## Market Overview Despite sluggish movement, Nifty 50 exhibits discernible support and resistance levels. Let's delve into the analysis: ### Support Levels **1. Support: 21,900** - Present support level for Nifty 50. - Should the market break below this level, the next support zone is anticipated around...
Bank Nifty Technical Analysis - 27th March 2024 ## Market Overview Let's analyze the support and resistance levels for Bank Nifty based on recent market trends. ### Support Zones **1. Support: 46,555** - Key support zone for Bank Nifty. - If the market trades below this level again, it may indicate a downside movement. **2. Support: 46,400** -...
Nifty 50 Technical Analysis - 22nd March 2024 ## Market Overview Let's analyze the support and resistance levels for Nifty 50 based on recent market trends. ### Support Levels **1. Support: 21,900** - Key support level for Nifty 50. - If the market breaks below this level again, it may fall further to around 21,700. - Considered a significant support...
Bank Nifty Technical Analysis - 22nd March 2024 ## Market Overview Let's examine the support and resistance levels for Bank Nifty based on recent market trends. ### Support Levels **1. Support: 46,800** - Key support level for Bank Nifty. - If the market sustains above or opens above this level, it may work as a support level, indicating potential...
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Nifty 50 Technical Analysis - 20th February 2024 Overview In today's technical analysis for Nifty 50, we observe significant developments as the market has broken out above previously identified resistance levels, transforming them into potential support levels. Traders are advised to tread cautiously and monitor key support and resistance zones for informed...
Bank Nifty Technical Analysis - 20th February 2024 ## Overview In today's technical analysis for Bank Nifty, we explore key support and resistance levels to help traders make informed decisions. As the market dynamics are subject to change, it's essential to monitor these levels alongside other indicators for comprehensive analysis. ### Support Levels **1....
I did not post the necessary details today due to my busy schedule. Follow Me and Watch My Previous Public 70% Work Support Resistance Levels Support Line: 21200/ 21080 / 21000 Resistance Line: 21300 / 21500
I did not post the necessary details today due to my busy schedule. Follow Me and Watch MyPrevious Public 70% Work Support Resistance Levels Support Line: 47800/47650/47400 Resistance Line: 48000/ 48213 Big Resistance at 48000 So if You Are Bullish then Wait For Breakout 48000 and Sustenance BNF then you initiate Buying
**Support Levels:** 1. 20859 2. 20690 - **Resistance Level:** - 21006 *Additional Note:* - Given that the market is at an all-time high, there may not be significant resistance levels on the upper side. **Analysis:** - Nifty 50 is currently at an all-time high, indicating strong bullish momentum. - The support levels at 20859 and 20690 are essential for...
**Bank Nifty Support and Resistance Levels:** - **Support Levels:** 1. 46736 2. 46521 - **Resistance Level:** - 47203 *Additional Note:* - If the market opens gap down, the first resistance level is identified at 47203. **Analysis:** - Bank Nifty is currently facing a resistance at 47203, which is also an all-time high level. - The support levels at...