- Weekly middle bollinger band or 20 Week SMA at 5165 is crucial support level.
- Week falling below 5165 would strengthen the weekly stochastic sell signal. Bears also need a weekly close below this level.
- Crucial support in daily chart are 50 SMA(5086) and 200 SMA(5095)..
- BANK NIFTY CHART UPDATE
Posted by San at 8:34 AM
All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.