Nifty Bank nifty & Fin nifty important levels.

8 de ago. de 2023

NIFTY
#NIFTY 30 Min chart analysis.
Price moving up but with a very low conviction. 19650 will be a make-or-break zone, on the upside look for a strong breakout of 19660.

And on the downside reversal 19550 zone should break.

In between the range choppy movement is expected.

BANKNIFTY

#BANKNIFTY 30 Min chart analysis.
Formed an inside bar on the day chart and today it traded in a very tight range.

Breakout above 45025 can take prices to the next resistances.

In case of downside reversal move break of 44760 is a must.

Today Nifty moved up and Banknifty didn’t, so there is divergence in both indices, this must clear before you see a good move on either side.

CNXFINANCE

Finnifty rising wedge formation near resistance line.
make or break point follow the chart


happy trading
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