Market Analysis and Intraday Bank nifty and Nifty Levels for 4th August 2021
Today am back with the intraday analysis of Bank nifty and Nifty levels and market updates for 4th August 2021. Today am expecting the rally in bank nifty and Nifty will continue, also global markets also in positive which means Gap up opening for the Indian market. Nasdaq is up by 0.55%, SGX Nifty is up by 0.45% in the morning section and its good for Indian market to open in positive.

On Wednesday Both the bank nifty and nifty was trading at green and gives a good move in the market. After slight gap down flat opening in the BANKNIFTY gives a good move, more than 500 points. On the other hand Nifty open gap up and Give 200 points . All traded in bank nifty and Nifty should have been got jackpots. Also our calls in the telegram channel also gives good profits because of the positive market. Now lets look in to the chart Analysis for today for bank nifty and Nifty.

Market Analysis and Intraday Bank nifty and Nifty Levels for 4th August 2021


BANKNIFTY/NIFTY LEVELS TO BUY/SELL ON 04-AUGUST-2021

  • Bank nifty intraday support levels are 35000,34860,34760,34570,34370,34100
  • Bank nifty resistance levels are 35330,35485,35665,36000
  • Bank nifty more bullish above 36000 possible.
  • Bank nifty weak below 33950 levels
  • Nifty resistance levels are 16160
  • Nifty support levels 16040,15960,15925,15880
  • Nifty bullish above 16160
  • Nifty more weak below 15965  may possible. 
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