[Bank nifty] fact you must know about support and resistance Bank nifty live charts

Bank Nifty 

is one of the most volatile index in our market and is very risky but at same time rewarding index but you have know how to manage your risk and reward here we will look at some most important factor which will help you in Bank nifty trading live bank nifty chart

Table of Content 

Look at component of bank nifty or what bank nifty made up of

image from zerodha chart's

Bank Nifty live charts can be seen in zerodha kite app

 chart is the most important element while trading in bank nifty all the moments of call or put option is completely depends on the bank nifty live chart in market hours which can be seen on the any one the trader where you open demat account

•  see bank nifty live chart click  here to view live bank nifty chart

Look at component of bank nifty or what bank nifty made up of

• Axis bank
• Hdfc bank
• Federal bank
• Sbi
• Icici bank
• Induslant bank
• Kotak Mahindra Bank

Bank nifty is highly volatile and it's diificult for the new trader's to trade in the highly volatile market which result in heavy loss or sometimes complete loss of Capital . So here we will look at the term Support & Resistance understanding this concept will help to improve you trading style live nifty ban nifty chart

Resistance in Bank Nifty 

Resistance is area where the stock or index price get some opposition and unable to cross that particular level . There are different types of  Resistance 

• Trendline resistance
• Moving Average resistance 
• Rsi resistance .. and many more

After a stock or index cross the level of resistance there is possiblility that the price goes high from that level it's not just that much easy this lots of practice and experience 

Support in Bank Nifty

Same as that of resistance where the index got support from particular level and bouce back again and unable to cross it on lower side 

Answering some questions asked

• Can we buy Bank Nifty today and sell tomorrow?

  Yes you can buy bank nifty or nifty bank today and sell tomorrow easily when ever you place buy order in any broker like zerodha , upstock , angel one etc you have two options they are

1. MIS
2. CNC

    MIS means the intraday trade this trade you have to close on the same day before the closing of the market i.e on 3.20 other wise the broker will auutimatically sell the your order at any price at last minute of closing of the maret

For buying bank nifty today and sell it on tommorow you have to place a CNC (cas and carry ) option while placing a order by sing this option you can easily  buy Bank Nifty today and sell tomorrow

How much time Bank Nifty stay in a range in a year?

This question don't have any accurate answer bank nifty is a very volatile index or you can say one of the most volatile index in Indian market for further information you can observe ban nifty chart