Bank Nifty levels for Upcoming session
(2H chart used for analysis)
*Head and Shoulders pattern was formed ,now we can see sharp V shape recovery till 22000
*Already crossed level 21500 but pls note that important level is 21450-21550, if it sustain in upcoming session then we can see level up to 22100.
*RSI is 57 at 2HRS chart & 45 at daily chart ,46 at Weekly chart which is good sign for long.
*22510 will act as a Strong Resistance & 20700 will act as strong support.
*21450-22000 is the Trading Range for upcoming session.
(2H chart used for analysis)
*Head and Shoulders pattern was formed ,now we can see sharp V shape recovery till 22000
*Already crossed level 21500 but pls note that important level is 21450-21550, if it sustain in upcoming session then we can see level up to 22100.
*RSI is 57 at 2HRS chart & 45 at daily chart ,46 at Weekly chart which is good sign for long.
*22510 will act as a Strong Resistance & 20700 will act as strong support.
*21450-22000 is the Trading Range for upcoming session.