BANKNIFTY Closed @ 43880.95 +111.85 pts [+0.26%].
Banknifty consolidated during the session, but finally managed to close almost at day’s high.
What does this mean?
This is a very bullish indicator in the immediate term. Remember folks, no indicator, no fancy pattern nothing will ever come to the level of pure price movement analysis.
Price is the backbone of everything.
We are bullish on banknifty for tomorrow’ as 43800 was a very good support throughout today’s session.
Banknifty consolidated during the session, but finally managed to close almost at day’s high.
What does this mean?
This is a very bullish indicator in the immediate term. Remember folks, no indicator, no fancy pattern nothing will ever come to the level of pure price movement analysis.
Price is the backbone of everything.
We are bullish on banknifty for tomorrow’ as 43800 was a very good support throughout today’s session.
Trade closed: target reached
View worked perfectly.
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.
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.