BANKNIFTY--Support becomes Resistance??
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Bank nifty index taken multiple times support from the zone 45600-45400.
if this acts as resistance again bearishness will continue to downwards.
on top we have a resistance in the form of trendline as well....
we have chance of consolidation between 45600-44100 levels before test this zone at 44100 levels...keep safe before going long from here...
if this acts as resistance again bearishness will continue to downwards.
on top we have a resistance in the form of trendline as well....
we have chance of consolidation between 45600-44100 levels before test this zone at 44100 levels...keep safe before going long from here...
Nota
we have consolidation on both sides...Nota
45000 is a good support....so don't go for short....chance of continuation to top from this level.
Nota
Don't go for long side....Nota
Monthly expiry today...keep safe on both sides...Nota
if possible avoid today....if price comes to the trendline look for short side...up to 44250 levels.
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Please Like, Follow and Comment
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Thanks for your Support **
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