BANKNIFTY FUTURES 27 JUNE 2022
YESTERDAY BANK NIFTY 24-06-22
Started from my zone 33361-33445, went directly to next zone 33626-33641 in first 2 minutes, consolidated there till 1 pm.
Tried to break out but couldn't go past 33756 resistance.
Ultimately the power of tech analysis
BANK Nifty on Monday 27-06-22
Just see the blue coloured double bottom, break out of that double bottom is confirmed on Friday 24th June, Now bank nifty will take a flight upside,
34118-34178 zone and 34505-34603 will now be the strong barriers for bank nifty.
Don't go long ferociously, take small risks as it is a pull back of downtrend, which may last for few days, but not an bull trend.
Best of Luck.
Started from my zone 33361-33445, went directly to next zone 33626-33641 in first 2 minutes, consolidated there till 1 pm.
Tried to break out but couldn't go past 33756 resistance.
Ultimately the power of tech analysis
BANK Nifty on Monday 27-06-22
Just see the blue coloured double bottom, break out of that double bottom is confirmed on Friday 24th June, Now bank nifty will take a flight upside,
34118-34178 zone and 34505-34603 will now be the strong barriers for bank nifty.
Don't go long ferociously, take small risks as it is a pull back of downtrend, which may last for few days, but not an bull trend.
Best of Luck.