Hello Traders, Following are my analysis: Resistance Level : 1. Good Resistance Zone exists at 35300-35400 and 35700-800. 2. Strongest Resistance at 36000 . 3. Stronger Resistance at 35500. 4. New immediate Resistance is 35300 * Increasing resistance above 35500.
Support Level : 1. 35000 is Strongest Support Level . 2. 34500 is a Strong Support. 3. 34700-800 is Good Support Zone .
Sideways Possibility: More Sideways above 35300 to 35500 , if market sustains above 35200
No Trade Zone : 35200 - 35300
*Imp Point: Sell below Trend Line and at reversal from Resistance level shown.
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.
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