Banknifty daily analysis for 02/11/22
Banknifty on the daily time frame has formed a bearish candle and closed almost flat on day to day close.
There was a nice gap up opening and markets tried to push upward but there was a sell off after taking resistance from 41650-730 zone.
The market has taken support from hourly 20 ema and closed near to the level.
On 15 minute time frame, the market has closed below 20 ema.
Support:- 41230, 41120, 41000
Resistance:- 41350, 41450, 41540
Wait for the price action near the levels before entering the market.
There was a nice gap up opening and markets tried to push upward but there was a sell off after taking resistance from 41650-730 zone.
The market has taken support from hourly 20 ema and closed near to the level.
On 15 minute time frame, the market has closed below 20 ema.
Support:- 41230, 41120, 41000
Resistance:- 41350, 41450, 41540
Wait for the price action near the levels before entering the market.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.