Wealthcam

BANKNIFTY important levels to watch for upcoming trading session

NSE:BANKNIFTY   Nifty Bank Index
after a very volatile sessions due to budget, we find out some important levels which had multiple touch points and had been tested multiple times! But in bigger time frame we can see more like a rising wedge pattern which shows bearishness in long term! But for confirmation we have to wait for BANKNIFTY to sustain below 38000 which would also break the trendline below


For upside more potential can be seen as 38800 has been tested multiple times making it a weak resistance, for upmove confirmation we can wait for BANKNIFTY to sustain Above 38800 before going long which would also break the trendline above

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.