May 5, 2018

BANKNIFTY technicals

Daily charts
- trend is up
- sideways movement in past few days see even as nifty is underperforming
- gap down opening below 25400 can lead to "cluster island" reversal
- immediate resistance 26000



On hourly charts, trend is still clearly up



Weekly charts
- trend is up
- support 23600 resistance 26000

No comments:

Post a Comment