mathsaran

Bank Nifty Analysis: 24-05-2023

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NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty Analysis: 24-05-2023
Finally, BN has broken the triangle downside in a 30-minute chart. But, when we see the daily chart, BN closed today with very nearer to major support.
1) If it takes support here then it will move up to the top of the triangle by tomorrow (25-05-2023).
2) Suppose it breaks the triangle downside then the first support will be 43548 second support will be 42949.
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