Nifty Bank IndexLong
Bank Nifty Trend Analysis
Price has given breakout of resistance trend line
Price has also given breakout of consolidation zone
It looks like price is trying to come into uptrend from short term downtrend
(Price is still in uptrend in 1 day time frame)
If price breaks the resistance zone then it will be confirmed that price will come into uptrend
Let's see what happens
Price has also given breakout of consolidation zone
It looks like price is trying to come into uptrend from short term downtrend
(Price is still in uptrend in 1 day time frame)
If price breaks the resistance zone then it will be confirmed that price will come into uptrend
Let's see what happens
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.