Banknifty has been trading sideways for the past 3 trading sessions.
At higher levels, it is facing supply pressure and at lower levels, demand is coming in.
Now for tomorrow
It can move in any direction, and there is a possibility of a trending move tomorrow, hopefully.
Support levels - 39428-39462 - opening and sustaining this level, might open a breakout probability from the triangle pattern.
However, gap down opening below 39420 or break below this level, could also mean a selloff, which can extend up to 38630 levels.
At higher levels, it is facing supply pressure and at lower levels, demand is coming in.
Now for tomorrow
It can move in any direction, and there is a possibility of a trending move tomorrow, hopefully.
Support levels - 39428-39462 - opening and sustaining this level, might open a breakout probability from the triangle pattern.
However, gap down opening below 39420 or break below this level, could also mean a selloff, which can extend up to 38630 levels.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.