NSE:NIFTY #NIFTY 30 Min chart analysis. Price moving up but with a very low conviction. 19650 will be a make-or-break zone, on the upside look for a strong breakout of 19660.
And on the downside reversal 19550 zone should break.
In between the range choppy movement is expected.
NSE:BANKNIFTY #BANKNIFTY 30 Min chart analysis. Formed an inside bar on the day chart and today it traded in a very tight range.
Breakout above 45025 can take prices to the next resistances.
In case of downside reversal move break of 44760 is a must.
Today Nifty moved up and Banknifty didn’t, so there is divergence in both indices, this must clear before you see a good move on either side.
NSE:CNXFINANCE Finnifty rising wedge formation near resistance line. make or break point follow the chart