Bank Nifty spot 53655.65 by the Daily Chart view - Weekly update
- Support Zone 53150 to 53650 for Bank Nifty Index
- Rising Support Channel Breakdown might act as Resistance
- Resistance Zone earlier Support Zone at 54160 to 54660 for Bank Nifty Index
- Falling Resistance Trendline sustained by current Weekly closure below trendline
- 2 Minor Gap Down Openings done last week Thursday and Friday as a resistance closure
- Bank Index made a repeat Bearish Rounding Top pattern making fairly decent Resistance with the closure well below Resistance Zone
- Support Zone 53150 to 53650 for Bank Nifty Index
- Rising Support Channel Breakdown might act as Resistance
- Resistance Zone earlier Support Zone at 54160 to 54660 for Bank Nifty Index
- Falling Resistance Trendline sustained by current Weekly closure below trendline
- 2 Minor Gap Down Openings done last week Thursday and Friday as a resistance closure
- Bank Index made a repeat Bearish Rounding Top pattern making fairly decent Resistance with the closure well below Resistance Zone
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Related publications
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.