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Nifty 50 Index

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

658
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.


Thank you,
please like and comment if you like my analysis.
SANJAYPATIDAR_
Also on:
BANKNIFTYindexindianintradayinvestmentmarketsNIFTYoptionSupport and ResistancetardingTrend AnalysisTrend Lines

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.
BANKNIFTYindexindianintradayinvestmentmarketsNIFTYoptionSupport and ResistancetardingTrend AnalysisTrend Lines
SANJAYPATIDAR_
Also on:

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.