Nifty Bank Index

Patterns observed in Nifty, Bnifty

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NIFTY & BNIFTY


Both indices are operating within a parallel channel

Nifty : Strong support @ 21800 levels on breaking we can witness 21500 levels too which is also derived by deducting the height of the channel.

Bank Nifty: Strong support @ 46500 levels on breaking we can witness 44800 levels again derived in the same manner as above.

Have observed many stocks at support or following a parallel channel.

Urge everyone to mark the levels on their holdings , follow either exits or buy on dips as per the risk appetite.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.