As Per The Yesterday Movement, Now The Support Is 38000 And Resistance Is 38355, Now It Was Forming A Symmetrical Triangle Pattern In 15 Min Chart, Once Breaks This Triangle It May Go Up Or Down.
Today Asian Market Is Showing Downside, So Mostly We Can Expect A Gap Down Market,
This Is For Educational Purposes Only.
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Lichsgfin, Yesterday Formed Bullish Maribozu Candle And Both Price And Volumes Are Confirming The Price Movement, So Upcoming Week The Price Will Go Higher, You Can Go For Long
Disclaimer:
This chart is for educational purposes only
Before investing, consult your financial adviser.
Shrivin trading academy is not responsible for your trade based on this post
Candlestick: bullish maribozu (price ath)
We can go for long -sl-2340,r:r 1:2
Reason for entry: candle retested to the support and formed bullish maribozu,price and volumes are higher
Bank nifty new support, resistance & swing high levels are marked and we can see today sideways market most of the time and look for a short opportunity.
Bank nifty moving towards ascending channel top, Major resistance is 37750, if it is broken, we can see some upside movement. Or otherwise, it will retrace back to below support.
