Commencez
Wealthpedia

Bank Nifty - Price Action (Resistance Breakout)

Nifty Bank Index (NSE:BANKNIFTY)  
Wealthpedia  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY bankniftytrend bankniftytradesetup bankniftyanalysis bankniftytrading niftybank
2
0
trendanalysis chartpattern indicator banknifty bankniftytrend bankniftytradesetup bankniftyanalysis bankniftytrading niftybank
Today, the resistance levels are tested 3 times before it is finally broken to the upper side, and then check the rally we have.

For today's price action the learning is, the market will test the resistance multiple times before it actually breaks it.

To confirm the breakout, we have to wait for a minimum of 3 times the market touches the resistance level. 4th time if it breaks the resistance then we can confirm the up move of the market.
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.