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When it comes to BankNifty, we’ve seen price been picking up its momentum to the upside from past few days. I think the price’ll continue its upside movement till 24500 level. We should be really careful about this level; I think this is where sellers would likely to take control of the market. Because this is one of the strong Supply areas. And we should also consider 22100 and 23100 as possible resistance areas.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
When it comes to BankNifty, we’ve seen price been picking up its momentum to the upside from past few days. I think the price’ll continue its upside movement till 24500 level. We should be really careful about this level; I think this is where sellers would likely to take control of the market. Because this is one of the strong Supply areas. And we should also consider 22100 and 23100 as possible resistance areas.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.