BANK NIFTY- MONDAY ANALYSIS 29.05.23 AND ON MONTHLY TF
Since we have seen in the previous session, bnf is approaching the all time high levels.
As the previous closing of the US market is high, we are expecting 100-150 gap-up.
Then 44100-44150 will act as a breakout zone, and retesting on these levels can be seen
And somehow market opened gap-down, 44750-800 will act as breakout zone.
and retesting on these levels can be seen
Bnf on monthly tf is near to multi year resistance level, ie.45500
do follow for more!!
Thankyou!!!
As the previous closing of the US market is high, we are expecting 100-150 gap-up.
Then 44100-44150 will act as a breakout zone, and retesting on these levels can be seen
And somehow market opened gap-down, 44750-800 will act as breakout zone.
and retesting on these levels can be seen
Bnf on monthly tf is near to multi year resistance level, ie.45500
do follow for more!!
Thankyou!!!