*educational purpose only*
this is the hourly chart of bank nifty futures
ltp: 38085
support: 37775
resistance: 38500 / 39000
the levels are almost the same as yesterday. the markets are range bound and volatile but I get nervous looking at the indicators because they are not as strong as they should be.
I am not saying that bank nifty futures won't go up, they may because of the budget but what I am trying to point out here is that the bank nifty futures lack strength. the prices may rise but that doesn't assure that they will sustain.
my trading advise remains the same: swing trade on strictly intraday basis
this is the hourly chart of bank nifty futures
ltp: 38085
support: 37775
resistance: 38500 / 39000
the levels are almost the same as yesterday. the markets are range bound and volatile but I get nervous looking at the indicators because they are not as strong as they should be.
I am not saying that bank nifty futures won't go up, they may because of the budget but what I am trying to point out here is that the bank nifty futures lack strength. the prices may rise but that doesn't assure that they will sustain.
my trading advise remains the same: swing trade on strictly intraday basis
註釋
waterfall, anyone?
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。
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。