Banknifty daily analysis for 12/12/22
Banknifty has finally traded near 44k level and has given another green candle on the weekly time frame.
On the hourly time frame, the market has formed a dragon fly doji and closed above 43600 level.
The market has tested the 20 ema, on hourly time frame, and gave a nice upmove.
The market after a gap up and came for selling and tested the support zone near 43400 level.
Support :-43500, 43335-43370
Resistance :- 43675, 43820
The market is forming new highs and is taking halt on the higher levels.
Banknifty has gained 1.2% on the weekly time frame and nifty has closed 1% lower.
Wait for the price action near the level before entering the level.
On the hourly time frame, the market has formed a dragon fly doji and closed above 43600 level.
The market has tested the 20 ema, on hourly time frame, and gave a nice upmove.
The market after a gap up and came for selling and tested the support zone near 43400 level.
Support :-43500, 43335-43370
Resistance :- 43675, 43820
The market is forming new highs and is taking halt on the higher levels.
Banknifty has gained 1.2% on the weekly time frame and nifty has closed 1% lower.
Wait for the price action near the level before entering the level.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.