Bank Nifty spot 57713.35 by the Daily Chart view- Weekly update
- Bank Nifty created a New Lifetime High Milestone touching 57830.20
- Resistance Zone 56950 to 57350 then ATH 57628.40 for Bank Nifty
- Falling Resistance Trendline Breakout seems to be well sustained for now
- Rising Support Channel stood ground and providing steady positive support
- Current Support Zone 56950 to 57350 for Bank Nifty was earlier the Resistance Zone
- Bullish Rising W pattern done and has been well sustained by current trending momentum
- Bullish Rounding Bottom formed by Support Zone neckline inclusive of W pattern actively effective
- Bank Nifty created a New Lifetime High Milestone touching 57830.20
- Resistance Zone 56950 to 57350 then ATH 57628.40 for Bank Nifty
- Falling Resistance Trendline Breakout seems to be well sustained for now
- Rising Support Channel stood ground and providing steady positive support
- Current Support Zone 56950 to 57350 for Bank Nifty was earlier the Resistance Zone
- Bullish Rising W pattern done and has been well sustained by current trending momentum
- Bullish Rounding Bottom formed by Support Zone neckline inclusive of W pattern actively effective
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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.