Bank Nifty on daily chart is Bearish. But on One hour chart it looks bullish. The last candle on formed on one hour chart being a Doji, we have to be very careful . Resistance is around 52000 to 52100 and if it breaks the support of 50940 then it will become bearish. Ramakrishnan I am not a SEBI Registered Analyst.
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.