NIFTY, BANK NIFTY TECHNICAL ANALYSIS 22/11/2019

NIFTY
Close At 11968.40

 What direction will the Nifty move during the day

How many levels can go up and down?

Where the Nifty closes above the level, there is a big upside, and where the level closes below, the big down comes.

                          Chart ⤵⤵⤵⤵

Nifty TREND LINE LEVEL UPSIDE AT
                        12050

NIFTY TREND LINE LEVEL DOWN SIDE AT
                        11800
         


    Nifty seems there is no strength at higher level yes in last two days index if come back to 12010/12030  selling pressure in Nifty.



Nifty resistance 11990/12025/12040

If Two and Third resistant can buy in this level close Above 12050 an hold  five minutes to ten minutes and buy expected Target 12100/12200



Nifty support 11950



Nifty considering support around 11900/11850 next support 11790/11750

 BANK NIFTY UPDATE
Close= 31349.95

Today banknifty days high 31463.15

And Today bank nifty low 31243



Or  22/11/2019

Most important level Upside and Downside
( Upside level at 31500
   Down side level at 31200 )


     BANK NIFTY seems there is no strength at higher level yes in last  days index if come back to 31450 selling pressure in Bank nifty.



Bank nifty resistance 31400/31500/31750

If Two and Third resistant can buy in this level close Above 31500 an hold  five minutes to ten minutes and buy expected Target 31700/31850/32000



Bank nifty support 31330



Bank nifty considering support around 31330/31250 next support 31100/31000/30800

Nifty stock update

Reliance Industries

Resistance level at

1545/1560/1575

Support level at

1530/1515/1500



TCS

Resistance level at

2150/2190/2235

Support level at

2120/2100/2080



L&T

Resistance level at

1410/1425/1440

Support level at

1380/1360/1340