tradetechnicalanalyst

Nifty and B-Nifty both are at Major psychology resistance

Short
NSE:BANKNIFTY   Nifty Bank Index
Healthy Correction must come at this level. Nifty and B-Nifty both are at Major psychology resistance 18000 and 39770-40000. On Friday both make bearish engulfing candle with heavy selling from over bought zone. we are expected still more correction up to 17300 and 38220. Next up move will come when both index close above these psychology levels till stay short. If market rise again and give chance to short near 17800-870 and 39200-450 must short or buy position in Put for 2-7 days
Trade fermée: cible de profit atteinte:
Index all Target done.
Nifty 17348 low
Banknifty 37950

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.