Bank Nifty continues to trade within a broader downward channel, with Buy-Side and Sell-Side Liquidity clearly identifiable.
Key Technical Observations:
==> Sell-Side Liquidity near 53,788 has been swept, followed by a recovery.
==> Price has revisited the Bearish Order Block around 54,800–55,100, where selling pressure may emerge.
==> The broader market structure remains within a descending channel.
Key Trading Range:
🔴 Upper Range: 55,200
🟢 Lower Range: 53,700
Technical Perspective: The 54,800–55,100 zone is crucial for assessing the next move. A sustained breakout above 55,200 may indicate improving momentum, while weakness below 53,700 could signal further downside.
Educational and informational purposes only. Not investment advice or a trading recommendation.
Key Technical Observations:
==> Sell-Side Liquidity near 53,788 has been swept, followed by a recovery.
==> Price has revisited the Bearish Order Block around 54,800–55,100, where selling pressure may emerge.
==> The broader market structure remains within a descending channel.
Key Trading Range:
🔴 Upper Range: 55,200
🟢 Lower Range: 53,700
Technical Perspective: The 54,800–55,100 zone is crucial for assessing the next move. A sustained breakout above 55,200 may indicate improving momentum, while weakness below 53,700 could signal further downside.
Educational and informational purposes only. Not investment advice or a trading recommendation.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.