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Nifty Bank Index
Updated

Bearish below 20550, Resistance at 20850

129
Case I > Opens/goes below 20550, retests it : Bearish
Target 1) 20350
Target 2) 20000-19850

Case II > Takes support at 20550 : Bullish
Target 1) 20850 - 21100
Trade active
Market stayed flat for most of the day and shot up in the last 30 mins.

If it sustains 21100 tomorrow then can move towards 21450.

But being an expiry day, it could also stay flat
Note
Targets hit on both upside and downside
Agnostic_Swings
BANKNIFTYBearish PatternsBullish PatternsChart PatternsTechnical IndicatorsniftybanksupportTrend Analysis

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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.
BANKNIFTYBearish PatternsBullish PatternsChart PatternsTechnical IndicatorsniftybanksupportTrend Analysis
Agnostic_Swings

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.