Nifty Bank IndexShort
BN continues to trade in the range
BN formed an indecisive Doji type candle with a negative Bias last week. Quite similar to Nifty.
BN unlike Nifty continues to trade in the range from 50,500 (Lower) to 52,450 (Higher).
We can anticipate 50,800 to be tested this week.
However, if 50,800 also breaks, then we will need to see the intensity of the break.
In the coming weeks perhaps even 50,000 level could get tested.
The crucial support and resistance levels are marked.
Bias continues to be on the short side as long as BN continues to be below 51,650.
BN unlike Nifty continues to trade in the range from 50,500 (Lower) to 52,450 (Higher).
We can anticipate 50,800 to be tested this week.
However, if 50,800 also breaks, then we will need to see the intensity of the break.
In the coming weeks perhaps even 50,000 level could get tested.
The crucial support and resistance levels are marked.
Bias continues to be on the short side as long as BN continues to be below 51,650.
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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.