Nifty Bank IndexUpdated BANKNIFTY Analysis
Key level of Support to be observed is 39600 -39700
Note : If price comes down till 39600-39700 we also continue with the move to upside for targets of 40200, 40500.
(if price is not break the level 39900 and break 39400 ,if 39600 act as Resistance then only downside movement is expected.)
If Price is not able to break 40100
downside targets of 39850,39780,39700 is to be observed.
Today Consolidates between 40080 and 39600.
If price breaks 40080 its bullish ....
upside targets are 40200 pullback 40080 and moves to upside.
Note : If price comes down till 39600-39700 we also continue with the move to upside for targets of 40200, 40500.
(if price is not break the level 39900 and break 39400 ,if 39600 act as Resistance then only downside movement is expected.)
If Price is not able to break 40100
downside targets of 39850,39780,39700 is to be observed.
Today Consolidates between 40080 and 39600.
If price breaks 40080 its bullish ....
upside targets are 40200 pullback 40080 and moves to upside.
Note
careful @40080 again
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**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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.