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Showing posts from June, 2023

Nifty and Bank Nifty Support and Resistance Level Calculation Guide

 Introduction: In technical analysis, support and resistance levels are essential tools for assisting traders in locating probable buying and selling zones. This blog post will examine how to determine Nifty's support and resistance levels, which is India's most popular stock market index. Understanding Support and Resistance: A support level is a price where purchasing demand typically prevails over selling pressure, causing the price to increase again. On the other hand, resistance is a level where purchasing pressure is greater than selling pressure, which causes price reversals. Trading professionals can choose the best entry and exit points for their trades by identifying these levels. -NIfty Support And Resistant Calculator- Click Here Nifty Support and Resistant -Bank NIfty Support And Resistant Calculator- Click Here Nifty Support and Resistant

Nifty Support and Resistant Caclculator

How to Calculate the Levels  Following are the levels how we should use to calculate the levels perfectly

Bank Nifty Support and Resistant Calculator

How to Calculate the Levels  Following are the levels how we should use to calculate the levels perfectly First input the last day closed Spot price It will show the nearest support and resistant To calculate the next support enter the displayed support value to the box and submit it will show another support value . this support value will be act as 2nd support. Repeat this to get the 3rd Support value and so on. To calculate the next resistant enter the displayed resistant value to the box and submit it will show another resistant value . this resistant value will be act as 2nd resistant. Repeat this to get the 3rd If you have any confusion please comment down blow i will help you.  Or you can Email us - themastertrader007@gmail.com for more detailed clarification   Things to remember before calculating Levels Input the last day closing price It will show a value for Support and Resistant for next day This values are calculated by certain parameters and market scenarios...