Nifty Bank Index

BANK NIFTY ANALYSIS FOR 19/02/24 MONDAY

404
The levels drawn in blue line can act as strong support & resistance, Because it indicates the weekly levels, After breaking green line trade with half qty take target till yellow line, If the price continues below yellow line for 15min/ making price action then downside entry, If not trade with half qty, Till price confirms downside,

Upside levels:- If sustains above 47000, wait for upside price action, trade with half qty,
keep in mind the 47200 can act as strong resistance

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.