Bank Nifty important levels for Wednesday, 20.07.22
No Trade zone- 35429 to 35720
Sell below-35429, with a price action. Support levels-35108, 34735, 34450
Buy Above- 35720, with or without price action, up to 35966, Resistance levels- 36395, 36924, above 35966 wait for price action before entering into any trade.
*All support/resistance levels will only be applicable when bank nifty bounces back without breaking PDL or PDH. If it breaks PDH/PDL first then do the reversal then the support and resistance levels will be slightly different. *
**Time of plotting the levels and planning 19th July, 9:25 PM**
***Personal opinion, not a trading advice***
#NIFTYBANK
Sell below-35429, with a price action. Support levels-35108, 34735, 34450
Buy Above- 35720, with or without price action, up to 35966, Resistance levels- 36395, 36924, above 35966 wait for price action before entering into any trade.
*All support/resistance levels will only be applicable when bank nifty bounces back without breaking PDL or PDH. If it breaks PDH/PDL first then do the reversal then the support and resistance levels will be slightly different. *
**Time of plotting the levels and planning 19th July, 9:25 PM**
***Personal opinion, not a trading advice***
#NIFTYBANK
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