Banknifty daily analysis for 21/11/22
Banknifty on the weekly time frame has given only 300 points move and on the daily time frame the market has consolidated for 3 days.
The market has formed a dragon fly doji and took rejection from 42600 levels many times.
Banknifty is taking a halt on the higher levels and a trending market can be seen once market start closing above 42600 levels.
On the hourly time frame, the market has again given a bullish closing but the markets are consolidating.
Market has closed above both the EMA's even on the smaller time frame.
Support :- 42400, 42230, 42100
Resistance :- 42600
Wait for the price action near the price level before entering the market.
The market has formed a dragon fly doji and took rejection from 42600 levels many times.
Banknifty is taking a halt on the higher levels and a trending market can be seen once market start closing above 42600 levels.
On the hourly time frame, the market has again given a bullish closing but the markets are consolidating.
Market has closed above both the EMA's even on the smaller time frame.
Support :- 42400, 42230, 42100
Resistance :- 42600
Wait for the price action near the price level before entering the market.
相關出版品
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。