Bank Nifty - Technical View
Bank Nifty Chart - Technical View
1) This is Bank Nifty chart
2) This is daily chart
3) Index is at a technical trendline retracement zone.
4) Strong support levels are 54900-55000
5) Also, RSI 40 support on daily charts
6) Retracement possible here.
7) If we successfully complete retracement here than we may see 56000-56100 next week.
8) Stock on radar - FEDERALBNK
9) This is only for information. . This is not a buy/sell call.
Thank you,
Technofunda24
#TechnicalViews#IndexStrategies
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