Nifty 50 - Analysis

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BANKNIFTY 01 JUNE 2021 : Decisive hour is coming. Support = 35300-35200 and resistance 35700

 


If Bank Nifty sustain below 35300-35200 then it will be very first sign of weakness from higher levels. If this goes decisive and in favour of fall then we can see some good action. Warning, Do not short without break of levels on decisive way.  

I’m Praveen Kumar, a seasoned Technical Analyst and stock market trader with over 25 years of experience in the Indian equity and derivatives markets. My passion for numbers and patterns led me to a dual career as a Mathematics Teacher and market technician. I specialize in Technical Analysis, with deep expertise in Elliott Wave Theory, derivatives strategies, and market forecasting. Over the years, my analysis and market views have been featured on NDTV Profit as a financial guest, along with published articles on reputed financial web portals, sharing insights on Nifty 50, Bank Nifty, and stock market trends. As a trader and analyst, I focus on interpreting price action, chart patterns, wave counts, and technical indicators to deliver precise market levels and actionable trade ideas. My approach blends classical charting with modern analysis tools to help traders navigate market volatility. Through VieCapital, I aim to share daily market analysis, trading strategies, and educatio…
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