Banknifty Spot Daily Chart Analysis
Banknifty Spot CMP@50576 Chart Pattern Looks Bearish
Basis For Analysis
Closing Below 20. & 50 DEMA
Stock Below Monthly CPR
NEXT Support 100 DEMA@50200 Closing Below that will lead the Banknifty Towards 200 DEMA@48700
Chart Pattern will Negate if Banknify Spot Closes Above 51100
Basis For Analysis
Closing Below 20. & 50 DEMA
Stock Below Monthly CPR
NEXT Support 100 DEMA@50200 Closing Below that will lead the Banknifty Towards 200 DEMA@48700
Chart Pattern will Negate if Banknify Spot Closes Above 51100
Note
EXIT AS BANKNIFTY SPOT CLOSES ABOVE 51100
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