stoxway

Banknifty future chart analysis for 04.07.2023

NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
As i told you all in my previous analysis of Banknifty that it will reach pretty high,
whenever Bollinger Band bursts , if price reaches already near standard deviation 3 ,
or within a day or two it reaches near standard deviation 3 , then price do not falls, it takes support of
standard deviation 3 and goes much higher along with standard deviation 3, untill it closes below standard deviation
2,there is a high chance that tomorrow you may see a very tiny little day candle or narrow sideway,


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