** NIFTY & BANKNIFTY ANALYSIS & TRADE SETUP FOR 5 AUG **
MARKET ANALYSIS AND PREDICTION FOR 05.08.21 (THURSDAY ) EXPIRY SPECIAL
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* NIFTY 50 *
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SUPPORT AREAS RESISTANCE AREAS
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1ST SUPPORT AREA : 16176.05-16195.45 | 1ST RESISTANCE AREA : 16272-16290.30
2ND SUPPORT AREA : 16125.90-16145.20 |
* NIFTY BANK *
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SUPPORT RESISTANCE
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1ST SUPPORT AREA : 35907.40-35980.55 | 1ST RESISTANCE AREA : 36143.85-36217.20
2ND SUPPORT AREA : 35697.30-35787.30 |
3RD SUPPORT AREA : 35440.70-35527.35
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EXPECTATION : NIFTY & BANKNIFTY MIGHT BE FLAT. RANGE BOUND AND MIGHT BE A VERY COOL EXPIRY.
CORRECTION MIGHT HAPPEN
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If want to know my Trading Approach for tomorrow. Please stay connected with me.
Jai Hind.
Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
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