ajnil87

Banknifty Technical Analysis for 5th March 2024

Long
NSE:BANKNIFTY   Nifty Bank Index
Hello everyone👏

Hope that, the information & levels providing here are useful to all of you ☺

Daily TF

*** small bullish candlestick
*** momentum upside
*** HH & HL formation
*** immediate resistance 47700 & support 47220

Intraday

*** price is above all ma
*** bearish hammer candlestick
*** momentum flat to downward
*** bearish diversion
*** price is consolidated between 47530 : 47200 any break out can decide further move
*** immediate resistance 47480 & immediate support 47390 (pivot)

Levels for tomorrow
Upside - 47510 : 47590 : 47630 : 47710 : 47789 : 47830
Downside - 47390 : 47310 : 47260 : 47210 : 47060 : 46972 : 46880

All information & levels given are for educational purpose.

Hit the like icon, and spread the knowledge 👊

Thank you🙏

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.