Nifty Bank IndexUpdated BANKNIFTY: 23191 Below 23130 Supports are 23040_ 22950 &22888
Please looks at the weekly level, BN has already attained the weekly3rd resistance level.
Next it can go to the monthly 3rd resistance 23225, but required time, and it should not break below 22977
& we have on more week remaining for that. so watch for today's support 23130 & 22977.
Above 23250 toady’s Resistance 23330_23410 & 23500
Weekly above 22835 Bank Nifty’ Resistance will be 22940_23050 & 23120
Weekly below 22700 Bank Nifty’ Supports will be 22664_22600 & 22490
Monthly above 22560 BN Resistances will be 22690_22777 _22893 & 23225
Monthly BN Supports 22484
Out of curiosity, I just want to Know whether it is useful to post this calls on daily basis.
I am not asking for Likes,But if you just can put some comments I will get an idea.
Currently it show very low response. And I really need an excuse :D
why you know, it is really a hardship to give a daily call.
Next it can go to the monthly 3rd resistance 23225, but required time, and it should not break below 22977
& we have on more week remaining for that. so watch for today's support 23130 & 22977.
Above 23250 toady’s Resistance 23330_23410 & 23500
Weekly above 22835 Bank Nifty’ Resistance will be 22940_23050 & 23120
Weekly below 22700 Bank Nifty’ Supports will be 22664_22600 & 22490
Monthly above 22560 BN Resistances will be 22690_22777 _22893 & 23225
Monthly BN Supports 22484
Out of curiosity, I just want to Know whether it is useful to post this calls on daily basis.
I am not asking for Likes,But if you just can put some comments I will get an idea.
Currently it show very low response. And I really need an excuse :D
why you know, it is really a hardship to give a daily call.
Note
23410 resistance, never thought it will move to that level today.Note
A time & price square is happening today in BANKNIFTY also, the price is 23409 = 153^2& it is 145th day of the year, BOTH falling in the Gann cardinal cross line.
If turnout to be true this can be a top for some time,this can confirm on closing with out making major difference today, and will come up with a better picture.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.