Trendline update - Possible rejection ; 44160 crucial levelBanknifty futures has rejected a trendline underformation on daily TF
Booming Banknifty From last some days, we seen that banknifty is falling every day.
But today we seen somewhere bullishness.
Also good chart pattern in Daily time-frame (Hammer)
Banknifty took support at trend line with making Hammer pattern.
BankNifty Future StudyThis is Study on BankNifty.
There is a strong support at 44525.
If this breaks then second support Zone is between 44100 to 43780
Breaking of 43780 would come into force the Head and Shoulder pattern
Mkt support confirmed 44500. Now what?Confirmed support zone 44500. Green candle is confirmation of support. Now it needs to come into the pitchfork zone. Once it closes above 45200 be prepared to-get a target of 46500.. All levels are futures
Nifty Bank Index: A Strong Support Holds the Key The Nifty Bank Index, currently trading at 44,612.05, has recently closed at a critical juncture, precisely at the robust support level of 44,600. This analysis underscores the importance of this level and offers insights into the prevailing market conditions, along with a recommended trading strate
Bank Nifty future chart analysis for 25.09.2023As you can see here bollinger bands made a parrallel low of previous low two,
it means it is on strong support, but price taking resistance at standard deviation one
44867 is a strong resistance , if it crosses above 44867 then it may reach to the level
of 45082, 45082 is a strong resistance price
Bank Nifty FutureSince someone started a topic on this.... thought i wud give you guys the detailing here. This is BN FUTURE Remember and play the Punt accordingly
Banknifty Here, is the chart of Banknifty Future....
You can long only after the closing of the 15 min. candle above Rs. 45060.... upto the resistance mentioned...
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