Levels on chart
Head and Shoulder Formation In RBL Bank, Entry and Targets Given
A channel is observed, the stock is trailing near the support region of the channel, and a reversal is expected in BANKNIFTY shows a positive trend in the coming days. If the price falls below 1950, we may expect a breakdown from the channel and further downside can be expected provided BANKNIFTY shows a negative trend to support the downtrend. Overall, I feel...
BANKNIFTY on 15min time frame shows strong support at 31950 and a trend line showing a resistance, which will give a breakout if the price sustains above 32150.