Boult2100

BankNifty - Strong resistance at 19150-275

NSE:BANKNIFTY   NIFTY BANK
57 0 3
BankNifty             has strong resistance in the zone of 19150-19275. We booked profits, will enter again on dips. As we can see in the chart above that weekly downward sloping line has lowered it by 40-50 points, earlier it was 19200. Today is expiry it could be volatile so be careful. Looking at components of banknifty             , not much room for upside at this juncture. Results of another heavyweights, ICICI bank (on 31st Jan) & SBI             , later will decide when BankNifty             will breakout above 19275. Till then move should be side ways in 19000-19275 zone.
Comment: Went out to touch final resistance 19275 (19267). Wait on the sidelines.
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out