Patterns observed in Nifty, Bnifty
NIFTY & BNIFTY
Both indices are operating within a parallel channel
Nifty : Strong support @ 21800 levels on breaking we can witness 21500 levels too which is also derived by deducting the height of the channel.
Bank Nifty: Strong support @ 46500 levels on breaking we can witness 44800 levels again derived in the same manner as above.
Have observed many stocks at support or following a parallel channel.
Urge everyone to mark the levels on their holdings , follow either exits or buy on dips as per the risk appetite.
Both indices are operating within a parallel channel
Nifty : Strong support @ 21800 levels on breaking we can witness 21500 levels too which is also derived by deducting the height of the channel.
Bank Nifty: Strong support @ 46500 levels on breaking we can witness 44800 levels again derived in the same manner as above.
Have observed many stocks at support or following a parallel channel.
Urge everyone to mark the levels on their holdings , follow either exits or buy on dips as per the risk appetite.
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