Bank Nifty
Current Price: 56,791.95 (Spot)
Bank Nifty has reversed lower from the resistance trendline, confirming selling pressure near higher levels.
A Dark Cloud Cover candlestick pattern combined with an emerging M-top formation indicates potential short-term bearish sentiment.
It can short here or any bounce use as shorting opportunity for target 56,056
Major resistance is 57,400-57,700
The index is forming a rising wedge pattern, a bearish structure suggesting potential for deeper correction if key support levels are breached.
Key Support Levels:
Immediate support is identified at 56,056 (trendline support).
A decisive close below 56,056 may accelerate selling pressure, opening downside targets toward: 55,342 , 53,908
Current Price: 56,791.95 (Spot)
Bank Nifty has reversed lower from the resistance trendline, confirming selling pressure near higher levels.
A Dark Cloud Cover candlestick pattern combined with an emerging M-top formation indicates potential short-term bearish sentiment.
It can short here or any bounce use as shorting opportunity for target 56,056
Major resistance is 57,400-57,700
The index is forming a rising wedge pattern, a bearish structure suggesting potential for deeper correction if key support levels are breached.
Key Support Levels:
Immediate support is identified at 56,056 (trendline support).
A decisive close below 56,056 may accelerate selling pressure, opening downside targets toward: 55,342 , 53,908
Trade aktif
Bank nifty low 56200. It almost down 800 points from suggested short level.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.