Bank Nifty analysis 10/27
Bank nifty will move sideways or selling will takes place as there are only two trading sessions before this trading expiry.
If Nifty breaks 18400 level can expect huge upward movement else consolidation with 18100 support.
HDFC,SBIN and ICICI are at trend support levels and there would be maximum chances of selling with 1-2%correction.
Resistance 2(R2) - 41800
Resistance 1(R1)- 41600
Support 1(S1) - 40700
Support 2(S2) -4045
If Nifty breaks 18400 level can expect huge upward movement else consolidation with 18100 support.
HDFC,SBIN and ICICI are at trend support levels and there would be maximum chances of selling with 1-2%correction.
Resistance 2(R2) - 41800
Resistance 1(R1)- 41600
Support 1(S1) - 40700
Support 2(S2) -4045
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.