Nifty Bank Index
Обновлено

bank nifty again an important pattern

544
index continuously following the curve pattern, got rejection from the pattern, inside a channel and a sub channel, support from trend line will provide range in the comment section latter
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i think, 14/03/23 or before becomes important getting 2 intersection on 14/03
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14513 is important
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always respect dozi and inside candles, use their body to find price range
yesterday price took the support of a dozi high, so 40391 becomes imp.
lower side 40303, 40529m 40150, 40073 provide by dozi

foe channel 40436 imp
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40454 is an imp monthly level next one is 40269
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up side 40735/40834/40920/41000,41200
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down 40604/40500
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if continues next 41400/41500
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41221 high of weekly candle
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41256 a trend line resistance
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price respected the weekly dozi
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i gave importance to 40454 yesterday, it is the intersection point of curve and small channel also a important monthly level , as ,price opened above monthly mid bollinger and monthly trend line, it is a effort of mkt forces to take price as far as possible from monthly mid bollinger it could results in a momentum but if fail , bull will lose their energy and strength
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price even respected the high of weekly channel 41221

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