There are two charts of Bank Nifty – one on the Daily timeframe and the other on the 1-Hour timeframe.
On the Daily timeframe, Bank Nifty is taking support on a parallel channel with a support zone around 55,000–55,200 and if makret then support is near 54500 in extreme case.
On the 1-Hour timeframe, Bank Nifty has formed a Diamond Pattern and, after the breakout, is also taking support near 55,000–55,200.
If Bank Nifty sustains this level, we may see higher prices with the pattern target projected around 56,200–56,500.
Thank You !!
On the Daily timeframe, Bank Nifty is taking support on a parallel channel with a support zone around 55,000–55,200 and if makret then support is near 54500 in extreme case.
On the 1-Hour timeframe, Bank Nifty has formed a Diamond Pattern and, after the breakout, is also taking support near 55,000–55,200.
If Bank Nifty sustains this level, we may see higher prices with the pattern target projected around 56,200–56,500.
Thank You !!
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.