Nifty Bank Index
Panjang

Bank Nifty- Does it have the momentum to go on

71
Bank Nifty breached a strong resistance with a big green bullish candle. Level 38891 will act as a major support going forward.
PCR at 1.17 is already a switch from a bearish view a day earlier. Bank Nifty faces some resistance at 39k, once breached, it could go on towards 39802 quickly. Next levels will take it to new all time highs. CPR is 174 pts wide, so 39244 (TC) will act as a good support on the downside. Other supports are 38891/38249.
Let us see how far banknifty goes tomorrow.

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.