vanathi

Bank Nifty - May 2

vanathi Mod Updated   
NSE:BANKNIFTY   Nifty Bank Index
Price moved in a very narrow range in morning session. Gave break out in afternoon session, hit resistance and fall down nicely. Now price is at support.

Pattern : Support.
Range : Medium.
Trend strength : Normal.
Buy Above : 49320.
Stop Loss : 49240.
Targets : 49400, 49480, 49580 and 49680.
Sell below : 49120.
Stop Loss : 49200.
Targets : 49040 ,48960, 48880 and 48800.

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Comment:
Forming range.
Comment:
Testing support.
Comment:
Seems price like this support. Full day tested it.

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