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vanathi

Bank Nifty - Analysis for Jan 4

Nifty Bank Index (NSE:BANKNIFTY)  
vanathi Mod Updated   
NSE:BANKNIFTY   Nifty Bank Index
Parallel Channel Support and Resistance
19
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parallelchannel supportandresistance
Buy above 43420 with the stop loss of 43360 for the targets 43500, 43580 and 43660. Sell below 43300 with the stop loss of 43360 for the targets 43240, 43180, 43100 and 43040.
Comment:
Nearing channel support.
snapshot
Comment:
Now lower trend line of the channel will act as resistance.
snapshot
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