Banknifty is making a Rounding Top / Inverse Cuo indicating that Sellers are gaining control of. the market. Also Banknifty has closed below 20 DMA and 44 DMA, indicating more pain. Banknifty is already trading below the POC. Next High Value Node is at around 43400. More pain Below this.!
This is Nifty USD Chart! As per INR chart Nifty has broke out of All time High. But in Dollar terms, we are yet to see a brealout! Nifty has given Triangle pattern Breakout. Also it broke out of December high. Next Resistance is $239.75 made on 05, April 2022 which roughly works out to 19670. Final Resistance will be the 19th October 2021 High which is about...