vanathi

Bank Nifty - March 13

vanathi Mod Updated   
NSE:BANKNIFTY   Nifty Bank Index
Price is consolidating in a narrow range of 200 points. Support is seen at 47200 and resistance is at 47800. Price have to break this range to move further.
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 47240.
Stop Loss : 47160.
Targets : 47320, 47400, 47480, 47560 and 47680.
Sell below : 46980.
Stop Loss : 47060.
Targets : 46900 ,46840, 46780, 46700 and 46620.

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Expected expiry day range is 46800 to 47500.

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Comment:
Inside the zone. weak.
Comment:
Came out of the zone, bit volatile.

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