BANKNIFTY INDEX FUTURESUpdated Simple Analysis - Bank Nifty (Fut)
Can be used for long term too, simply follow the lines;
For uptrend - follow dotted lines
For down trend - follow dashed lines
DL - Deciding line - Blue : Above up, Below down
Temporary Supply & Demand zone
Cautious at cross sections of lines & solid lines
Trend on your own risk.
This analysis is for learning & education purpose.
"Market is not like it seen- make it simple"
For uptrend - follow dotted lines
For down trend - follow dashed lines
DL - Deciding line - Blue : Above up, Below down
Temporary Supply & Demand zone
Cautious at cross sections of lines & solid lines
Trend on your own risk.
This analysis is for learning & education purpose.
"Market is not like it seen- make it simple"
Note
Supply zone is now working as demand zone...if break it then only we could see major correction.. Blue line level too play major role. watch price actions near blue line.Note
If break recent Low (last week), further could test 36K & 35 K too.Levels working perfectly.
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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.
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.