BANKNIFTY - WAIT FOR CLEAR DIRECTIONS

FROM THE 27000 LEVELS, BANK NIFTY IS TAKING SUPPORT OF THE TENKAN SEN LINE.

DOWNSIDE DIRECTION CONDITIONS-

THE SUPPORT IS AT 29893. BREACHING OF THIS LEVEL WILL TAKE BANKNIFTY TO 29158 (23% FIB. LVL) OR 28400 (38% FIB. LVL).

UPSIDE DIRECTION CONDITIONS-

IF IT TAKES SUPPORT OF THE TREND LINE, WHICH IS INCLINED, WILL GIVE NEW LEVELS.

Yorum:

SUPPORT IS BREACHED AND CLOSES AT 29845. 29158 IS EXPECTED.

Yorum:

TODAY LOW 29768.