Nifty Bank Index

Banknifty Prediction Analysis Intraday Levels 16 Sept, Expiry

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Hello Traders,
Following are my analysis:

Resistance Level :
1. Good Resistance Zone at 37100-200
2. Strongest Resistance at 37000.
3. Good Resistance at 37200.
4. Strong Resistance at 37500.

Support Level :
1. 36200 is Good Support Level .
2. 36000 is the Strong Support Level .
3. 36500 is Strong Support Level .
4. 36600-800 is Good Support Zone

Sideways market: 36800-37000 .. if market opens flat

Trend Line :
Buy above trend line and Sell below trend line.

This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn trading in Market.

I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis and do share with your friends as well.

면책사항

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