BANKNIFTY INDEX PRICE ACTION EXPECTATED FOR THE DAY

INDEX SUMMARY

-BANKNIFTY HAS CREATED A NEW SWING HIGH INDICATING STRENGTH IN THE INDEX
-NEW HIGH AND SWING LOWS ARE BEING CREATED
-RELATIVE OUT-PERFORMANCE IS EXPECTATED FROM BANKNIFTY AS COMPARED TO NIFTY
-ON HOURLY /30-MIN CHART WE SAW A BREAK ABOVE ITS ASCENDING TRIANGLE PATTERN
-ANY DIP TOWARDS 30000-29920 IS WORTH BUYING IN BANKNIFTY
-CRUCIAL SUPPORT@29920(RISING FROM 29660)
-CRUCIAL RESISTANCE@30780(RISING FROM 30190)
-BANKNIFTY IS A BUY ON DIPS
-TIME YOUR TRADE

BANKNIFTY RESISTANCE FOR THE DAY
30200-30580-30780( FUT )
BANKNIFTY SUPPORT FOR THE DAY
29920-29780-29580( FUT )

SCREENSHOT


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