A nice up move after a gap down due to the global news and again respected the support of 40850.
Banknifty, on the daily time frame, gave a nice up move and consolidated whole day on an expiry day. The market traded whole day near the 20 ema.
The market has remained in a range of 200 points whole and closed 150 points up.
On 15 minute time frame, the market has closed between both ema's.
Support :- 41250, 41070, 40850
Resistance :- 41430, 41500, 41650
The market has formed a flag and pole pattern on hourly time frame, if it give a break out nice movement can be captured.
Wait for the price action near the price levels before entering the markets.
Banknifty, on the daily time frame, gave a nice up move and consolidated whole day on an expiry day. The market traded whole day near the 20 ema.
The market has remained in a range of 200 points whole and closed 150 points up.
On 15 minute time frame, the market has closed between both ema's.
Support :- 41250, 41070, 40850
Resistance :- 41430, 41500, 41650
The market has formed a flag and pole pattern on hourly time frame, if it give a break out nice movement can be captured.
Wait for the price action near the price levels before entering the markets.
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.