Bank Nifty spot 55,341.85 by the Daily Chart view - Weekly update
- Fairly decent Support Zone 54160 to 54660 for Bank Nifty Index
- Current Resistance Zone 55050 to 55450 for Bank Nifty Index, earlier Support Zone
- Falling Resistance Trendline is yet a hurdle to cross over along with the current Resistance Zone
- Rising Support Channel seems back in supportive role and gives indicative feeling of probable upside reversal, so hope for the best to happen
- Bank Nifty Index thou has formed a Bearish Rounding Top, is sustaining closure around the Resistance Zone over the past 2 weeks indicates consolidation and hope to see upside reversal
- Fairly decent Support Zone 54160 to 54660 for Bank Nifty Index
- Current Resistance Zone 55050 to 55450 for Bank Nifty Index, earlier Support Zone
- Falling Resistance Trendline is yet a hurdle to cross over along with the current Resistance Zone
- Rising Support Channel seems back in supportive role and gives indicative feeling of probable upside reversal, so hope for the best to happen
- Bank Nifty Index thou has formed a Bearish Rounding Top, is sustaining closure around the Resistance Zone over the past 2 weeks indicates consolidation and hope to see upside reversal
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.