Nifty and BN both are forming triangle pattern in 1hour time frame, will take a trade after breakout.
Excepting on long side as over all trend is still seen as a uptrend. Breaking triangle pattern on up side will have more potential move further upside than down side.
However, will wait until the breakout happen.
Bank nifty Support and resistance zones.
Resistance Zone 1 - 43,000
Resistance Zone 2 - 43,700
Support zone 1 - 42,500
Support Zone 2 - 41,700
Excepting on long side as over all trend is still seen as a uptrend. Breaking triangle pattern on up side will have more potential move further upside than down side.
However, will wait until the breakout happen.
Bank nifty Support and resistance zones.
Resistance Zone 1 - 43,000
Resistance Zone 2 - 43,700
Support zone 1 - 42,500
Support Zone 2 - 41,700
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.