Wealthcam

BANKNIFTY CHART ANALYSED FOR 31st MARCH 2021

NSE:BANKNIFTY   NIFTY BANK
Did exactly what we discussed yesterday

~ opened above 33600 and one sided rally made till 33950 then the market remained sideways through the day

NOW WHAT FOR TOMORROW??

Since BANKNIFTY remained sideways through the day it gave us the potential levels for tomorrow,

we can also see INVERTED HEAD AND SHOULDERS PATTERN which is also a BULLISH continuation pattern

So the levels stand as 33950 as its first resistance and breaking of that very level with proper candle close can lead to good 400-500 moves 🔥

Below we can see 33600 standing as an important SUPPORT being tested multiple times and also the gaps below which is still unfilled that can be filled with breaking of this support

Till the levels are broken, stay idle and wait for these levels to get breached 🙏🏼


Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out