Nifty Bank IndexLong
Bank Nifty- Bullish pin, trending above 50/100/200EMAs
Bank Nifty closed strongly on a volatile day, breaching resistance of 38458 and closing above it with a green bullish candle.
FII/DII were net buyers with 1576cr which helped the market rebound from intraday low.
PCR at 0.7 indicates further upmove.
CPR will act as a major support if there is a gap up opening tomorrow. Next resistance levels are 38743/38832/39000/39741.
On the downside, 38458/38000 are major supports.
CPR is wide tomorrow, so we could see a sideways consolidation. What do you think?
FII/DII were net buyers with 1576cr which helped the market rebound from intraday low.
PCR at 0.7 indicates further upmove.
CPR will act as a major support if there is a gap up opening tomorrow. Next resistance levels are 38743/38832/39000/39741.
On the downside, 38458/38000 are major supports.
CPR is wide tomorrow, so we could see a sideways consolidation. What do you think?
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.