Banknifty 08 July 2020 BANKNIFTY CAN be BOUGHT NOW at 22835 TG 22950 Based on our Analytics and derivatives Banknifty levels are clearly explained in the picture. Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistancelevels are unlike others , we opt for hourly charts and technical analysis . Our analysis is based on levels , algorithms which we created , beyondtechnical analysis and mathematical equations and derivatives.
In the chart you can see the red and blue rounds. Clearly it shows the Supprt and resistance levels with accurate dynamics. Sometimes we work on daily and weekly charts too for derivatives and fundamental analysis . It’s a good idea to short sell at the current price as it’s averaging there. Top resistance and Support is given clearly. However average sell can be given at current price. The lower highs and the lower lows give are also clearly explained and detailed for our intraday Analytics.
Our ideas and levels are our own created and out of our strong fundamental basic knowledge on trading and the self created analysis. That’s the reason we are highly accurate on forecasts we give.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.