vanathi

Bank Nifty - Dec 4

vanathi Mod Updated   
NSE:BANKNIFTY   Nifty Bank Index
Price is nearing 45000 and we can expect volatility around this zone. Trend deciding zone is 45060 - 45140.
Pattern : Support/Resistance
Range : Medium.
Trend strength : Good.
Buy Above : 44960.
Stop Loss : 44880.
Targets : 45040, 45120, 45200 and 45320.
Sell below : 44740.
Stop Loss : 44820.
Targets : 44680, 44600, 44520 and 44480.

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Comment:
Because of gap up, next levels to watch are 44600, 44680, 44760 and 44920.
Comment:
Towards 45960.
Comment:
Price should sustain 45780 - 45820.
Comment:
Still in bullish trend.
Comment:
Nice move. 45920 done.

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