Banknifty Technical analysis for 6th March 2024

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Daily TF

*** bullish candlestick
*** momentum inclined
*** HH & HL formation
*** immediate resistance 47830 & support 47420 (pivot)

Intraday

*** price retest 13 ma & close below
*** indecision candlestick
*** momentum flat to downward
*** immediate resistance 47635 & immediate support 47521 (pivot)

Levels for tomorrow
Upside - 47630 : 47680 : 47740 : 47857 : 47910 : 47960 : 48060
Downside - 47530 : 47450 : 47360 : 47256 : 47172 : 47085 : 46945

All information & levels given are for educational purpose.

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