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omvats1
Aug 20, 2023 2:20 PM

Bank nifty and monthly inside bar 

Nifty Bank IndexNSE

Description

Bank Nifty is at a major crossroad, at the monthly inside bar level.
posting few more lower tf chart's in comment section

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took support at weekly mid bollinger level

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some important weekly levels

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caution needed weekly line

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nifty

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normal ranges

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so, if not here then higher

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reached weekly level as in previous chart

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a breakout

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closed almost there
Comments
omvats1
monthly inside candle high was able to hold the price for the whole last month
omvats1
if bank nifty is interested in down movement, it will try to reach the monthly in sidebar level by the end of this month
omvats1
impact of monthly inside bar level
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