ChartsSpecialist

BANKNIFTY : Stuck near resistance

NSE:BANKNIFTY   Nifty Bank Index
26th Dec: BANKNIFTY perfectly take over by Bulls today with full power. Now we have to see if Bull continue tomorrow and hit all levels mention in chart. it it sustain to hold this levels we may see bear in control again.

Watch levels closely and study at your end.

27th Dec: Bulls are continue to touch our first level. Hopping tomorrow it will break first level. Now I have changed my Support little up as its formed new BASE on 15 min chart. Lets watch tomorrow.

28th Dec: Banknifty stuck near our resistance and unable to break first level. tomorrow Bulls required full power and gap up opening. Supported marked in Yellow is very important, although it is temporary support but can play key level if rejection in BankNifty. Lets see tomorrow price action and trade accordingly.

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I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing

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