Banknifty weekly analysis for 22/08/22
Banknifty on the weekly time frame has formed a bearish candle and closed below the crucial round number 39000.
On daily time frame, banknifty has formed a bearish engulfing candle and lost around 700 points in a day.
The market has started trading below its 20 ema on hourly time frame and closed below the level.
A nice price action is formed on 15 minute time frame and market is taking support from 200 ema.
Support :- 38900, 38765, 38400
Resistance :- 39140, 39340, 39650
The markets can be volatile.
Wait for a price action near the levels before entering the markets.
On daily time frame, banknifty has formed a bearish engulfing candle and lost around 700 points in a day.
The market has started trading below its 20 ema on hourly time frame and closed below the level.
A nice price action is formed on 15 minute time frame and market is taking support from 200 ema.
Support :- 38900, 38765, 38400
Resistance :- 39140, 39340, 39650
The markets can be volatile.
Wait for a price action near the levels before entering the markets.
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。