Bank Nifty Intraday Outlook
Pattern: AB=CD
Crucial Support Zones: 37000-36825-36600
Crucial Resistance Zones: 37525-37800-37960
Comments: The important pivot level, which will act as crucial support for the index, is placed at 37,152.83, followed by 36,940.86. On the up-side, key resistance levels are placed at 37,542.33 and 37,719.86 levels.
Nifty Intraday Outlook
Pattern: Bearish Head and Shoulder formation (daily chart)
Crucial Support Zones: 17250-17150-17080
Crucial Resistance Zones: 17575-17625-17700
Comments: Markets witnessed a positive day of trade, with the benchmark index trending higher for the major part of the trade. Nifty outperformed the Bank Nifty by ~1% with the former closing in the green while the later closing lower.
Pivot Levels
Daily market statistics
Daily market statistics
Disclaimer
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