BANK NIFTY
Updated
Important levels for 18-05-2021
The first point of resistance and target for longs should be 33720 levels, the HVN of 29th April.
Sustaining above it shall see targets of 33950 and 34200.
34370-34420 a great support zone and if prices drop till there a great buying opportunity.
No downside unless some bad news comes in.
The first point of resistance and target for longs should be 33720 levels, the HVN of 29th April.
Sustaining above it shall see targets of 33950 and 34200.
34370-34420 a great support zone and if prices drop till there a great buying opportunity.
No downside unless some bad news comes in.
Note
With 34200 being the rejection area, 34720 levels will act as good support
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