bank nifty
19/4 educational purpose only
sell at around 37925 / 37750 (20ma/hourly is at 37768.65)
sl above 37900(50ma/hourly is at 37896.80)
targets around 36900 (200ma/hourly is at 36063.45 but there is a strong support zone between 36858.50 & 36906.55 but can expect 36050 levels if broken)
*trend on daily chart is clearly a bearish lower high and lower low pattern
*trend on hourly chart is clearly a bearish lower high and lower low pattern
sell at around 37925 / 37750 (20ma/hourly is at 37768.65)
sl above 37900(50ma/hourly is at 37896.80)
targets around 36900 (200ma/hourly is at 36063.45 but there is a strong support zone between 36858.50 & 36906.55 but can expect 36050 levels if broken)
*trend on daily chart is clearly a bearish lower high and lower low pattern
*trend on hourly chart is clearly a bearish lower high and lower low pattern
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