Good Morning Everyone,
The Index is still weak until it's not closed above 40,200, which is far away from the current price, but this is the level we need to consider as a trend reversal. Moves and momentum both were missing at this point, so you guys must be cautious when trading in the Bank Nifty Index.
Intraday Resistance : 39,000
The Key Resistance is: 40,200
Intraday Support : 38,600
The key Support is: 38,000 to 38,200
Trade Accordingly
Virendra Pandey
The Index is still weak until it's not closed above 40,200, which is far away from the current price, but this is the level we need to consider as a trend reversal. Moves and momentum both were missing at this point, so you guys must be cautious when trading in the Bank Nifty Index.
Intraday Resistance : 39,000
The Key Resistance is: 40,200
Intraday Support : 38,600
The key Support is: 38,000 to 38,200
Trade Accordingly
Virendra Pandey
Telegram : t.me/Codeviser
Website: codeviser.org
Follow us on Twitter: twitter.com/CodeVisers
Our Facebook Page: facebook.com/Codevisers
Youtube: youtube.com/c/CodeViser
Website: codeviser.org
Follow us on Twitter: twitter.com/CodeVisers
Our Facebook Page: facebook.com/Codevisers
Youtube: youtube.com/c/CodeViser
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.
Telegram : t.me/Codeviser
Website: codeviser.org
Follow us on Twitter: twitter.com/CodeVisers
Our Facebook Page: facebook.com/Codevisers
Youtube: youtube.com/c/CodeViser
Website: codeviser.org
Follow us on Twitter: twitter.com/CodeVisers
Our Facebook Page: facebook.com/Codevisers
Youtube: youtube.com/c/CodeViser
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.