Banknifty daily analysis for 16/11/22
Finally, banknifty has created a new high crossing 42400 levels.
The market remained volatile and consolidated in the first half of the trading session.
On the hourly time frame, the market has given a nice break out in the last hour and closed above 42400.
Banknifty, on 15 minute time frame, has taken support around 20 ema and there was a less selling as compare to other index.
Support :- 42340, 42230, 42100
Resistance:- 42400, 42580 (fib level)
The index is at ATH and can remain in a bullish move. Let the market retest before another up move.
Wait for the price action near the levels before entering the markets.
The market remained volatile and consolidated in the first half of the trading session.
On the hourly time frame, the market has given a nice break out in the last hour and closed above 42400.
Banknifty, on 15 minute time frame, has taken support around 20 ema and there was a less selling as compare to other index.
Support :- 42340, 42230, 42100
Resistance:- 42400, 42580 (fib level)
The index is at ATH and can remain in a bullish move. Let the market retest before another up move.
Wait for the price action near the levels before entering the markets.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.