BANKNIFTY INDEX FUTURESTelah dikemas kini Bank Nifty - Up or Down?
On 12 April 2021, Bank Nifty futures tested the PRZ area on daily chart at Fibonacci level 0.886. It did so again on April 19 and 22. It has formed a Shooting Star candle on April 22 on the daily chart. This clearly indicates that Bank Nifty futures is not able to sustain momentum at the higher levels.
There are two possible trades now:
A) If Bank Nifty futures is able to sustain above 32400 (close above and confirmation candle) then we can have the first target on the upside as 33480 where we can expect some resistance.
B) If Bank Nifty futures sustains below 31180 then, we can re-test the 0.886 level at 30585 and possibly go as much as 29661.
PS: This is the first time I am Publishing an Idea. Please help me with your comments if there is anything wrong or you have any doubt. Thanks :-)
There are two possible trades now:
A) If Bank Nifty futures is able to sustain above 32400 (close above and confirmation candle) then we can have the first target on the upside as 33480 where we can expect some resistance.
B) If Bank Nifty futures sustains below 31180 then, we can re-test the 0.886 level at 30585 and possibly go as much as 29661.
PS: This is the first time I am Publishing an Idea. Please help me with your comments if there is anything wrong or you have any doubt. Thanks :-)
Nota
Bank nifty Futures possible directions.Dagangan aktif
We are at target 1. Looks like this up move has long legs. 2) 33800. 3)34700.
Penafian
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