Bank Nifty Future chart analysis for 17.11.2023
If price takes resistance at 44395 then it may again retrace back to its yesterday's
low. if price crosses over 44395 then you can witness a new upside move and
price may reach 44526 pretty easily.44526 again a strong resistance, if price
crosses over it then it will reach its final target, but if it retraces from here
then it can give you 200 points downside.
As you can see here that bollinger bands bursted at the last moment may
be much downside moves still waiting, if price goes below 44129, then it may reach
to the level of 43950 , 43950 is a strong support price may bounce from here
to the level of 44317. if price crosses below 43950 then it may reach to the
level of 43797.
low. if price crosses over 44395 then you can witness a new upside move and
price may reach 44526 pretty easily.44526 again a strong resistance, if price
crosses over it then it will reach its final target, but if it retraces from here
then it can give you 200 points downside.
As you can see here that bollinger bands bursted at the last moment may
be much downside moves still waiting, if price goes below 44129, then it may reach
to the level of 43950 , 43950 is a strong support price may bounce from here
to the level of 44317. if price crosses below 43950 then it may reach to the
level of 43797.
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twitter -@stoxway
Contact -8240841484
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