Nifty Bank IndexLong
BankNifty Daily Spot Chart
BankNifty is at a confluence of support from channel support, 50 Ema and Horizontal Support.
But still, the Index is in a short-term Downtrend and one should wait for some bullish Price Action in daily charts or some Reversal pattern in lower TimeFrame to get an entry.
Disclaimer: Educational view
But still, the Index is in a short-term Downtrend and one should wait for some bullish Price Action in daily charts or some Reversal pattern in lower TimeFrame to get an entry.
Disclaimer: Educational view
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.