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hemantonline0017
Feb 16, 2024 12:24 PM

BANK NIFTY views and level to watch 

Nifty Bank IndexNSE

Description


Observation about Nifty Bank
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After a major gap down on 17th Jan, it is facing rejection from the same level again on 23rd Jan and 2nd Feb whereas it is taking support of trend line again bounced from that level
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Bank nifty making HH formation taking support of same trend line and bounced from the same zone to major resistance of 46500 to 46800
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Break out resistance trend line leads good up move and an open gate for retesting the ATH level again
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# Manage your risk # For learning purpose only # I am not SEBI registered RA

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Decisively broke out
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