There are two charts of Bank Nifty – one on the Daily timeframe and the other on the 1-Hour timeframe.
On the Daily timeframe, Bank Nifty is taking support on a parallel channel with a support zone around 55,000–55,200 and if makret then support is near 54500 in extreme case.
On the 1-Hour timeframe, Bank Nifty has formed a Diamond Pattern and, after the breakout, is also taking support near 55,000–55,200.
If Bank Nifty sustains this level, we may see higher prices with the pattern target projected around 56,200–56,500.
Thank You !!
On the Daily timeframe, Bank Nifty is taking support on a parallel channel with a support zone around 55,000–55,200 and if makret then support is near 54500 in extreme case.
On the 1-Hour timeframe, Bank Nifty has formed a Diamond Pattern and, after the breakout, is also taking support near 55,000–55,200.
If Bank Nifty sustains this level, we may see higher prices with the pattern target projected around 56,200–56,500.
Thank You !!
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
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.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
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.