Bank Nifty future chart analysis for 03.10.2023
As you can see here that price closed near median line, taking support on it,
if it opens at the same area then,you may see a sideways again, if it crosses
above 45019 then you may see a broad area burst which may not sustain
for long time you can short again if you see any rejection in upside.
if it crosses above 45179, then you may see a short covering and price may go
much higher.
if price goes below upside trend, as you can see that its already broke it and taking
support above it , if it breaks down again then you may price testing its previous low
if it goes down below 44740, then it may take support on 44597, crossing below
44597 price may go much lower side. after achieving its full target.
if it opens at the same area then,you may see a sideways again, if it crosses
above 45019 then you may see a broad area burst which may not sustain
for long time you can short again if you see any rejection in upside.
if it crosses above 45179, then you may see a short covering and price may go
much higher.
if price goes below upside trend, as you can see that its already broke it and taking
support above it , if it breaks down again then you may price testing its previous low
if it goes down below 44740, then it may take support on 44597, crossing below
44597 price may go much lower side. after achieving its full target.
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Contact -8240841484
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