Bank Nifty - Next resistance at 38847
Bank Nifty moved up in the closing hours with a very strong momentum.
If the momentum continues with todays high breached (gap down opening indicated by nifty tomorrow) then we can safely assume a continued move towards 38847.
Despite net FII selling, we saw a big momentum. So with support from FIIs, we could see a strong move to the next level of 38847.
PCR at 1.12 has become bullish compared to yesterday.
CPR is going to act as a major support level, for an upwards move.
what do you think?
If the momentum continues with todays high breached (gap down opening indicated by nifty tomorrow) then we can safely assume a continued move towards 38847.
Despite net FII selling, we saw a big momentum. So with support from FIIs, we could see a strong move to the next level of 38847.
PCR at 1.12 has become bullish compared to yesterday.
CPR is going to act as a major support level, for an upwards move.
what do you think?
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.