On Wednesday, BankNifty opened gap up, briefly crossed the Daily Demand Zone (above 51,420.15) and touched a high of 51,707.15. However, the gains couldn't hold, and it dropped sharply to 50,903.75, closing at 51,007, losing 14 points from the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) continues to be negative. The demand and supply zones remain unchanged from the previous post.
Demand/Support Zones:
Near Demand/Support Zone (Daily): 50,369.40 - 51,420.15 (current price inside the zone)
Far Demand/Support Zone (Daily): 49,654.65 - 49,959.25
Far support: 49,282.65 (61.8% FIBO Level)
Supply/Resistance Zones:
Near supply/resistance zone (15m): 52,254.70 - 52,358.35
Near supply/resistance zone (Daily): 52,817.80 - 53,235.25
Far supply/resistance zone (75m): 53,763.20 - 53,945.10
Far supply/resistance zone (75m): 54,152.50 - 54,338.70
Demand/Support Zones:
Near Demand/Support Zone (Daily): 50,369.40 - 51,420.15 (current price inside the zone)
Far Demand/Support Zone (Daily): 49,654.65 - 49,959.25
Far support: 49,282.65 (61.8% FIBO Level)
Supply/Resistance Zones:
Near supply/resistance zone (15m): 52,254.70 - 52,358.35
Near supply/resistance zone (Daily): 52,817.80 - 53,235.25
Far supply/resistance zone (75m): 53,763.20 - 53,945.10
Far supply/resistance zone (75m): 54,152.50 - 54,338.70
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.