BankNifty
RSI - 31 Daily Timeframe ( Has Already touched its Over Sold Zone )
Moving Average - Below its 50 & 200 MA ( lines in Green and Red )
MACD - Down trend
We might get to see Bank Nifty Touch 32155 & 30405 which acts as good support levels
Before we see a bounce back & a Good uptrend would only start once its cross its 50 & 200 MA Levels
RSI - 31 Daily Timeframe ( Has Already touched its Over Sold Zone )
Moving Average - Below its 50 & 200 MA ( lines in Green and Red )
MACD - Down trend
We might get to see Bank Nifty Touch 32155 & 30405 which acts as good support levels
Before we see a bounce back & a Good uptrend would only start once its cross its 50 & 200 MA Levels
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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.