BANKNIFTY GANN ANALYSIS FOR WEEKLY EXPIRY 22 MAY 2024...
Bank Nifty has hit a high yesterday at 48259.75 which was a double top with similar high at 48258.65 on 09 May 2024 at 9:15 am candle. From there we went on downside to hit a swing low of 46983.25 on 13 May 2024 at 10:40 am candle.
For intraday the range levels are 47987 and 48109 to watch. Expansion on either side could be 48230 and 47865. Further expansion if it happens then 47724 and 48372. Trend Deciding level to watch is 48084.
Happy Trading !!!
N.B. Not a financial advice to buy or sell.
With usual disclaimers as applicable within the reach of this
beautiful trading analysis platform. Thanks to the developers
of the program for this opportunity to use it freely to
express our ideas to the community of traders.
For intraday the range levels are 47987 and 48109 to watch. Expansion on either side could be 48230 and 47865. Further expansion if it happens then 47724 and 48372. Trend Deciding level to watch is 48084.
Happy Trading !!!
N.B. Not a financial advice to buy or sell.
With usual disclaimers as applicable within the reach of this
beautiful trading analysis platform. Thanks to the developers
of the program for this opportunity to use it freely to
express our ideas to the community of traders.