Bank Nifty | Pre-Market | Dec 2024 | Week-1
Bank Nifty closed the previous week with some Bullishness breaking out from the trend line resistance forming since 27 Sep 2024.
Last weeks candle was an indecision candle.
It's quite likely that BN fills the gap created by last weeks gap up opening.
Bank Nifty should turn Bullish only once it starts trading above the 50% zone of the previous fall which is above 52,200 level.
For the upcoming week, for now, Bank Nifty is in a trap zone since it is trading above December Monthly Pivot but below next week's Pivot.
Long View ~ Above 52,625
No trade view for any level in between.
Last weeks candle was an indecision candle.
It's quite likely that BN fills the gap created by last weeks gap up opening.
Bank Nifty should turn Bullish only once it starts trading above the 50% zone of the previous fall which is above 52,200 level.
For the upcoming week, for now, Bank Nifty is in a trap zone since it is trading above December Monthly Pivot but below next week's Pivot.
Long View ~ Above 52,625
No trade view for any level in between.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。