Bank Nifty Simple Analysis!!
Bank nifty after a gap up opening failed to break daily trend line resistance arround 52300. tried to touch 52600 on 26th nov morning but later on failed traded sideways rest of the day but still shows strength on buy side from bottom.
Possibilites for tomorrow :
Pin 1 : open on trend line support and try to reach the previous high
pin 2 : open on trend line and failed to broke the resistance at 52300 approx then steep down
Pin 3 : open below trend line and retest and go down
Support : 51760,51280
Resistance : 52350, 52620
Possibilites for tomorrow :
Pin 1 : open on trend line support and try to reach the previous high
pin 2 : open on trend line and failed to broke the resistance at 52300 approx then steep down
Pin 3 : open below trend line and retest and go down
Support : 51760,51280
Resistance : 52350, 52620
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