Hi Everyone,
I have analysis bank nifty chart in one hour and day time frame. In day time frame bank nifty is in a bull flag and price reached the bottom of the flag. As per one hour time frame, the final candle is hammer (weak signal bar). Also now the price in support zone and move many points from Moving average 20. So I strongly believes tomorrow (March 16, 2023) the price of bank nifty might rally well. Since tomorrow is a expiry day, so need to wait confirmation candle bar. Also please do your own research before taking trade in F&O.
Regarding,
Market GM
I have analysis bank nifty chart in one hour and day time frame. In day time frame bank nifty is in a bull flag and price reached the bottom of the flag. As per one hour time frame, the final candle is hammer (weak signal bar). Also now the price in support zone and move many points from Moving average 20. So I strongly believes tomorrow (March 16, 2023) the price of bank nifty might rally well. Since tomorrow is a expiry day, so need to wait confirmation candle bar. Also please do your own research before taking trade in F&O.
Regarding,
Market GM
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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。