Nifty Bank IndexLong
bank nifty on 04/11/24
Bank nifty forming bullish flag pattern inside consolidation zone
bank nifty trading in 51675 now,
1) can give pullback till 51500 level ( fib 50-61%)
if breakout, flag pattern trend line and retest above 51800 , target & resistance - 52000 & 52300
2) if down trend continuous ,
next support level 51300 & 51150 level
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I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
bank nifty trading in 51675 now,
1) can give pullback till 51500 level ( fib 50-61%)
if breakout, flag pattern trend line and retest above 51800 , target & resistance - 52000 & 52300
2) if down trend continuous ,
next support level 51300 & 51150 level
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
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