Banknifty analysis for 03/01/2025.
Banknifty is trading in a range is trading around the resistance zone.
If their is a upside break out in the index, a trending move can be seen in it. Otherwise, another side way market will be there.
Moving averages are around the closing price and EMA strategy may also be implied in capturing the move.
Major levels
Resistance :- 51835, 52090
Support :- 50650, 50000
Wait for the pirce action near the levels before entering the markets.
If their is a upside break out in the index, a trending move can be seen in it. Otherwise, another side way market will be there.
Moving averages are around the closing price and EMA strategy may also be implied in capturing the move.
Major levels
Resistance :- 51835, 52090
Support :- 50650, 50000
Wait for the pirce action near the levels before entering the markets.
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.