BANKNIFTY ANALYSIS FOR 12 MARCH
Hi guy's
Tomorrow Banknifty expiry & today you can see that volatile day.
For tomorrow maybe banknifty open gapup.
If Banknifty want's to go upsides then need to generate more liquidity.
Also banknifty follow the trendline it's act as resistance if Banknifty able to close above this trendline in 15 min then banknifty will go upsides.
But tomorrow is decision making if breaks trendline then go up & if breaks support then you can see more downfall till 46000.
Tomorrow Banknifty expiry & today you can see that volatile day.
For tomorrow maybe banknifty open gapup.
If Banknifty want's to go upsides then need to generate more liquidity.
Also banknifty follow the trendline it's act as resistance if Banknifty able to close above this trendline in 15 min then banknifty will go upsides.
But tomorrow is decision making if breaks trendline then go up & if breaks support then you can see more downfall till 46000.
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.