Banknifty has given a nice marubozu candle on the daily charts and there is a bullish mat hold pattern.
It broke the resistance zone of 44650 levels and has travelled to touch the resistance of 44900. Banknifty has given a nice up ward move from the first hour after retesting 44350 levels.
On the hourly charts, there is a bullish moving averages cross over and market held onto take support from the moving averages.
A nice 1% move is there in banknifty and it was stronger than nifty.
Now the major resistance area is around 45000-45100 levels and if it is cleared than the bullish trend will be confirmed.
Support :- 44650, 44500
Resistance :- 44910, 45080, 45350
Watch banknifty moving above 45000 levels, once the levels are cleared and market sustain above it, there are chance of a nice upside targets.
Wait for the price action near the levels before entering the market.
It broke the resistance zone of 44650 levels and has travelled to touch the resistance of 44900. Banknifty has given a nice up ward move from the first hour after retesting 44350 levels.
On the hourly charts, there is a bullish moving averages cross over and market held onto take support from the moving averages.
A nice 1% move is there in banknifty and it was stronger than nifty.
Now the major resistance area is around 45000-45100 levels and if it is cleared than the bullish trend will be confirmed.
Support :- 44650, 44500
Resistance :- 44910, 45080, 45350
Watch banknifty moving above 45000 levels, once the levels are cleared and market sustain above it, there are chance of a nice upside targets.
Wait for the price action near the levels before entering the market.
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.