Gap down opening in Bank Nifty
Stress in the banking sector causing BANKNIFTY downfall. Today BANKNIFTY gave a gap down opening. There is no sign of support for the banking sector because of the Ukraine-Russia tussle.
Support levels based on GANN Square of 9 are 34300 and 33400, and based on Fibonacci are 34040 and 33180.
Resistance levels based on GANN Square of 9 are 35200 and 36250, and based on Fibonacci are 34725, 34900 and 36050.
SuperTrend, Follow Line Indicators and Smoothed Heiken Ashi all are in Red in 5 Min Chart, 15 Min Chart, 30 Min Chart, 1 Hr Chart and Daily Chart.
Support levels based on GANN Square of 9 are 34300 and 33400, and based on Fibonacci are 34040 and 33180.
Resistance levels based on GANN Square of 9 are 35200 and 36250, and based on Fibonacci are 34725, 34900 and 36050.
SuperTrend, Follow Line Indicators and Smoothed Heiken Ashi all are in Red in 5 Min Chart, 15 Min Chart, 30 Min Chart, 1 Hr Chart and Daily Chart.
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