Nifty Bank Key Trading levels for 16th Sept 2021

Support Levels

New Support Zone for Bank nifty : 36630 to 36666

Resistance levels

Immediate Major Resistance level 36849 to 36921
2nd Resistance Zone 37107 to 37141
3rd Resistance Zone 37341 to 37465

Targets:
Long: If Breakout above 1st resistance
Target is 37138 ( 215 Points)

2nd Target 37465 ( 320 Points) If Breakout above 2nd resistance

3rd Targets 38000 (500 Points) if Breakdown above 37500


Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor for before making trading decision.

Сделка активна:

1st Long target done

Сделка активна:

2nd Long target on Nifty Bank futures done

Сделка закрыта: достигнута тейк-профит цена:

3rd long target achieved ion Bank nifty Futures