BankNifty 19/05/2021 Completed W Pattern
Hello Everyone,
Hope you all are fit and fine ... Stay Safe and Trade safe...!
BankNifty to Open Gap Down ....
Forming W or Double Bottom pattern ... is Completed as Predicted in my previous analysis.
Target 34500.. 35000 .. in coming days if tomorrow BnkNifty Sustains above 34300.
Resistance Level :
1. 34000 to 34300 is next level of Resistance developing.
2. 34000 is strongest Resistance level .
Support Level :
1. 33800 to 33900 is Support level .
2. 33500 is next Support level.
Sideways Possibility :
More chances of Upward sideways market if sustains above 34300.
More chances of Downward sideways market if sustains above 33800.
Buy Above 34250 and Sell below 33800.
Most Important :
BnkNifty will try to fill the Gap created today. Just Avoid trading first 15 mins.
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.
Hope you all are fit and fine ... Stay Safe and Trade safe...!
BankNifty to Open Gap Down ....
Forming W or Double Bottom pattern ... is Completed as Predicted in my previous analysis.
Target 34500.. 35000 .. in coming days if tomorrow BnkNifty Sustains above 34300.
Resistance Level :
1. 34000 to 34300 is next level of Resistance developing.
2. 34000 is strongest Resistance level .
Support Level :
1. 33800 to 33900 is Support level .
2. 33500 is next Support level.
Sideways Possibility :
More chances of Upward sideways market if sustains above 34300.
More chances of Downward sideways market if sustains above 33800.
Buy Above 34250 and Sell below 33800.
Most Important :
BnkNifty will try to fill the Gap created today. Just Avoid trading first 15 mins.
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.
Penafian
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