Check out the Support and resistance for Bank Nifty today, There is strong Support at different levels of bank nifty. Only 2 Resistant zone. DO check and Let Know yur view on same. This is Published on 15-07-2024
Explanation:
Simple Moving Average (SMA):
The SMA is used as a baseline for the price trend.
Average True Range (ATR):
ATR is used to estimate the price volatility.
High Demand:
High demand is identified when the volume is greater than the SMA of the volume.
Forecast Maximum and Minimum Values:
The script forecasts maximum and minimum values based on the SMA...