BankNifty 14 may Friday Analysis
Black Trendlines Represent on 1 Day Time Frame, with support @ 31760 ( Support highlighted )
Green trendlines Represents 1 Hour TimeFrame. Where 32400 is support and 32800 is Resistance.
Red Trendlines provides analysis for short term- 15 minutes and 30 Minutes.
On shorter time Frame, Price has created RSI diversion and falling wedge,
which shows market can go bullish tomorrow, also depends on Global sentiments.
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Thank you.
PS- Showed my analyis, trade on your own.
Green trendlines Represents 1 Hour TimeFrame. Where 32400 is support and 32800 is Resistance.
Red Trendlines provides analysis for short term- 15 minutes and 30 Minutes.
On shorter time Frame, Price has created RSI diversion and falling wedge,
which shows market can go bullish tomorrow, also depends on Global sentiments.
Care to follow us, You already know where to search Us.
Thank you.
PS- Showed my analyis, trade on your own.
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