Bank nifty has again closed in green despite the other index was in red.
It has formed a long tail bullish candle on daily basis.
It has closed above its 20 ema on hourly and 15 minute time frame which indicates some bullishness.
Support:- 34400, 34100
Resistance :- 34720, 35000
The market has closed below its near resistance of 34720.
So wait for price action and double confirmation before trading the markets.
It has formed a long tail bullish candle on daily basis.
It has closed above its 20 ema on hourly and 15 minute time frame which indicates some bullishness.
Support:- 34400, 34100
Resistance :- 34720, 35000
The market has closed below its near resistance of 34720.
So wait for price action and double confirmation before trading the markets.
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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.
Related publications
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.