It has given a nice up move in a single candle and closed forming a flag and pole pattern.
The market movement is consolidation, a move and consolidation again.
Tomorrow being the weekly expiry banknifty may give a trending move.
Major resistance levels :- 47700, 47830, 48000
If there is a gap up opening, there are chance of market moving even higher and closing above 48k levels.
In case of a flat to slight gap down opening, a bullish move can be captured as per the price action.
Support levels :- 47500, 47280
Wait for the price action near the levels before entering the markets.
The market movement is consolidation, a move and consolidation again.
Tomorrow being the weekly expiry banknifty may give a trending move.
Major resistance levels :- 47700, 47830, 48000
If there is a gap up opening, there are chance of market moving even higher and closing above 48k levels.
In case of a flat to slight gap down opening, a bullish move can be captured as per the price action.
Support levels :- 47500, 47280
Wait for the price action near the levels before entering the markets.
Not
The market is around a crucial levels and is sustaining the levels.
But nifty is giving a downside move and RSI is showing bearish divergence.
A bearish move can be captured in the market.
Wait for market to break 47950 levels.
:)
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.
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.