Nifty Bank IndexLong
Banknifty analysis for 16 Feb 24
Hello everyone,
Banknifty in daily tf made hammer, also closing positive. Price is above 13 & 20 ma
In hourly chart momentum bullish
Immediate resistance - 46400
Immediate support - 46080
Upside resistance for intra
46370 46420 46575 46678
Downside support for intra
46150 45960 45830 45640
All are pivot points..
Thank you🙏
Banknifty in daily tf made hammer, also closing positive. Price is above 13 & 20 ma
In hourly chart momentum bullish
Immediate resistance - 46400
Immediate support - 46080
Upside resistance for intra
46370 46420 46575 46678
Downside support for intra
46150 45960 45830 45640
All are pivot points..
Thank you🙏
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