Trust Invest. Grow
On Wednesday, Bank Nifty formed a bullish long candlestick on the daily chart, closing near its 21-day EMA. The RSI is on the verge of a bullish crossover,
signaling potential strength. If the index sustains above 49,500, further recovery can be expected, though a cautious approach is advised. Immediate
support is seen at 49,000, with resistance at 49,800, while positional support is placed at 48,700, providing a key level for traders to watch.
Bank Nifty Chg. Bank Nifty Fut Chg. Pre/Dis
49,570 0.98%↑ 49,631 0.86%个 60.5个
Daily Pivot Levels
R1 R2 PP S1 S2
49,040 48,510 49,334 49,864 50,158
Equity & Derivative Segment - Daily Market Outlook
No comments:
Post a Comment