Nifty Bank IndexLong
Will Nifty Test 24350 or Pull Back Once More?
Nifty has created inverted Head and Shoulder Pattern on 2 hours chart.
Breakout is still pending, breakout is above 24350 level, target for the same is 25400 level another 1300 points journey.
Nifty this weeks Support : 24080 - 23950 - 23800
Resistance : 24350 - 24550
Bank Nifty is creating a flag pattern and also has a big gap between 51200-51700 level.
It can move either side.
Flag breakout is above 52600 for a target of 55500.
Bank Nifty Support : 51700-51400-51200
Resistance : 52150-52350-52600.
Breakout is still pending, breakout is above 24350 level, target for the same is 25400 level another 1300 points journey.
Nifty this weeks Support : 24080 - 23950 - 23800
Resistance : 24350 - 24550
Bank Nifty is creating a flag pattern and also has a big gap between 51200-51700 level.
It can move either side.
Flag breakout is above 52600 for a target of 55500.
Bank Nifty Support : 51700-51400-51200
Resistance : 52150-52350-52600.
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