Bank Nifty anlaysis for: 25 Oct

Previous close = 51,531
Last Day High = 51,781

If Breaks: 51,624
Resistance level: 51,668 > 51,698 > 51,750 > 51,771 > 51,801 > 51,853 > 51,897 > 51,942 > 51,974 > 52,002 > 52,037 > 52,095 > 52,115 > 52,143 > 52,176 > 52,221 52,266 > 52,301

Last Day Low = 51,201

If Breaks: 51,495
Support levels: 51,479 > 51,430 > 51,402 > 51,369 > 51,348 > 51,324 > 51,298 > 51,105 > 50,846 > 50,766 > 50,617 > 50,401

Comment: Analysis accuracy : 100%
Market went up and took resistance at: NA
Market went down and took support at: 50,401 > 50,382
My P&L : +22,728 Profit
Comment: Market fell down more than my expectation and broke the week's lower support level. Could not hold for long and ended my trade with the profit of 22,728