Nifty 50 Index

NIFTY & BANKNIFTY ANALYSIS FOR {19-10-2022}

NIFTY
BANKNIFTY

Banknifty analysis chart.
snapshot


nifty and banknifty both are moving in a rising channel and it is near its channel resistance line
it may face resistance and fall down from current level.

on the bullish side nifty looks more strong than banknifty

All essential levels are marked on the chart
Always use stop-loss to avoid big drawdowns.

Keep learning,
Happy trading.


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