BANK NIFTY
Updated
Important levels for 14-05-2021.
The prices tried to move higher at the start of the last session but were rejected from the previous day's VAL and price being accepted well under gives us an indication that a up move is highly unlikely to happen.
32670 zones will act as immediate resistance and shorting near these levels will be great for a target of 32120 levels.
Safely we can add more quantity once 32450 is broken.
The prices tried to move higher at the start of the last session but were rejected from the previous day's VAL and price being accepted well under gives us an indication that a up move is highly unlikely to happen.
32670 zones will act as immediate resistance and shorting near these levels will be great for a target of 32120 levels.
Safely we can add more quantity once 32450 is broken.
Note
Worked pretty well, but the fall was slow with many mini pullbacks
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.