BNIFTY: Closed at around 44800 just above its 200 DEMA.BNIFTY has multiple resistance levels beginning from 45000-48000 whereas 44400 on a closing basis remains its major support.
As per the chart pattern if BNIFTY gives a closing below 44400 expect a further 1000-1500 point fall. I will go long in BNIFTY only when it gives a close above 46000+(For educational purpose only)
As per the chart pattern if BNIFTY gives a closing below 44400 expect a further 1000-1500 point fall. I will go long in BNIFTY only when it gives a close above 46000+(For educational purpose only)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.