✅ Bank Nifty update- Finacial benchmark indices performed as per expectation
The power of levels💪🏻 price made a low of 20440 levels. We recommended selling below 22000 (Today's blog update)
Keep profit booking and revise stop loss at cost.
We have seen a continuous downfall in price. As per our yesterday view, Bank nifty has been trading below its immediate recommended support level.
Now, what next??? 🤔
Technically, Index has formed a "Death Cross-over" on the daily chart.
We expect continuity in the downtrend for the target of 19000.
Today, price breached its last swing bottom of 21000 and trading around 20500, We are expecting a continuous downside in the index for the target of 19500----19000 with the stop loss of 22500.
Trade safely with levels only
https://indianmarketview.com
The power of levels💪🏻 price made a low of 20440 levels. We recommended selling below 22000 (Today's blog update)
Keep profit booking and revise stop loss at cost.
We have seen a continuous downfall in price. As per our yesterday view, Bank nifty has been trading below its immediate recommended support level.
Now, what next??? 🤔
Technically, Index has formed a "Death Cross-over" on the daily chart.
We expect continuity in the downtrend for the target of 19000.
Today, price breached its last swing bottom of 21000 and trading around 20500, We are expecting a continuous downside in the index for the target of 19500----19000 with the stop loss of 22500.
Trade safely with levels only
https://indianmarketview.com
