Bank Nifty anlaysis for: 21st Oct
Previous close = 52,094.20
Last Day High = 52,199
If Breaks: 52,200
Resistance level: 52,255 > 52,288 > 52,324 > 52,353 > 52,402 > 52,441 > 52,515 > 52,614 > 52,670 > 52,726 > 52,769 > 52,837 > 52,930 > 52,979 > 53,035 > 51,919 > 51,959 > 51,992 > 52,026 > 52,082 > 52,118 > 52,190 > 52,210 > 52,229
Last Day Low = 51,000
If Breaks: 52,100
Support levels: 52,066 > 52,026 > 51,978 > 51,919 > 51,901 > 51,872 > 51,849 > 51,801
Comment: Analysis accuracy : 100%
Market went up and took resistance at 52,577
Market went down and took support at 51,855
My P&L : +14,496 Profit
Comment: I entered the market at the resistance level and captured the momentum and made some profit.