Bank nifty view for next week.
Market has consolidated on the last trading day in a very narrow range.
Bank nifty opened nearly 600 point above the previous closing and consolidated forming a triple top in a hourly time frame.
Support level of day was formed near 36470 and during the closing hour it slipped down and closed below the support level.
Support :- 36375, 36267
Resistance :- 36650, 37320
The market is a bit volatile. Trade according to the candlestick chart patterns formed near the crucial levels.
Bank nifty opened nearly 600 point above the previous closing and consolidated forming a triple top in a hourly time frame.
Support level of day was formed near 36470 and during the closing hour it slipped down and closed below the support level.
Support :- 36375, 36267
Resistance :- 36650, 37320
The market is a bit volatile. Trade according to the candlestick chart patterns formed near the crucial levels.
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.