BANKNIFTY--Support becomes Resistance??

24 thg 1

Bank nifty index taken multiple times support from the zone 45600-45400.
if this acts as resistance again bearishness will continue to downwards.
on top we have a resistance in the form of trendline as well....
we have chance of consolidation between 45600-44100 levels before test this zone at 44100 levels...keep safe before going long from here...

24 thg 1

Ghi chú

we have consolidation on both sides...

24 thg 1

Ghi chú

45000 is a good support....so don't go for short....
chance of continuation to top from this level.

24 thg 1

Ghi chú

Don't go for long side....

25 thg 1

Ghi chú

Monthly expiry today...keep safe on both sides...

25 thg 1

Ghi chú

if possible avoid today....if price comes to the trendline look for short side...up to 44250 levels.