Bank nifty - technical set up
Bank nifty - technical set up
1) This is 4-hour chart
2) After the breakout nifty bank almost gave a move of 1000 points made a high of 57050.
3) Now consolidating.
4) Support at 56500, Second major support at 56050
5) On the upside resistance at 57050
6) Second resistance at 57550. - stock on radar - CUB
7) Momentum is still positive and sentiments are bullish
8) All this for information.
9) This is not a buy/sell call.
Thank you,
Technofunda24
#WatchOutFor#TechnicalViews

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