Bank Nifty future chart analysis for 15.09.2023
As you can see a short squeeze is there and price is standing just above
standard deviation one which is a strong support , its lookslike that it is
ready boost upside.
if it crosses above 46231 then it may easily reach to the level of 46583 and above.
Downside it may face strong support at 45970, if it takes support at 45970 then you can
see another sideways.. crossing below 45970 will not make price weak,it may take
another support at 45870, below 45870 price may get very weak and may reach 45614 easily.
standard deviation one which is a strong support , its lookslike that it is
ready boost upside.
if it crosses above 46231 then it may easily reach to the level of 46583 and above.
Downside it may face strong support at 45970, if it takes support at 45970 then you can
see another sideways.. crossing below 45970 will not make price weak,it may take
another support at 45870, below 45870 price may get very weak and may reach 45614 easily.