BANKNIFTY November 7th, 2023

6 พ.ย. 2023

BANKNIFTY

BankNifty Breaks Crucial Level, Uptrend Possible?


BankNifty opened with a big gap-up today but failed to sustain the 43,600 level initially. However, bulls managed to break the crucial level at the end of the session after many unsuccessful attempts. This is a bullish sign and could mark the beginning of a new uptrend in the market.

I have plotted fresh support and resistance levels on the chart. Please note that it is important to wait for clear confirmation of the trend before taking any positions.

All the best!

Like and follow if you like my idea

7 พ.ย. 2023

การซื้อขายยังคงดำเนินอยู่

Looks like a cup and handle forming!

7 พ.ย. 2023

บันทึก

Bummer!