*educational purpose only*
this is the hourly chart of bank nifty futures
ltp: 38085
support: 37775
resistance: 38500 / 39000
the levels are almost the same as yesterday. the markets are range bound and volatile but I get nervous looking at the indicators because they are not as strong as they should be.
I am not saying that bank nifty futures won't go up, they may because of the budget but what I am trying to point out here is that the bank nifty futures lack strength. the prices may rise but that doesn't assure that they will sustain.
my trading advise remains the same: swing trade on strictly intraday basis
this is the hourly chart of bank nifty futures
ltp: 38085
support: 37775
resistance: 38500 / 39000
the levels are almost the same as yesterday. the markets are range bound and volatile but I get nervous looking at the indicators because they are not as strong as they should be.
I am not saying that bank nifty futures won't go up, they may because of the budget but what I am trying to point out here is that the bank nifty futures lack strength. the prices may rise but that doesn't assure that they will sustain.
my trading advise remains the same: swing trade on strictly intraday basis
노트
waterfall, anyone?
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.