After 3 day's falling in a row banknifty closed on a good note.
The closing is above than previous day closing and on daily chart made a hammer candle.
This candle formation near support line is a signal that bulls are waking up.
We can expect 38600 to 39120 level near future.
Of the flip side 37300 is support.
The closing is above than previous day closing and on daily chart made a hammer candle.
This candle formation near support line is a signal that bulls are waking up.
We can expect 38600 to 39120 level near future.
Of the flip side 37300 is support.
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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.