#Banknifty directions and level for September 3rd.
Bank Nifty
Current View:
There is not much difference compared to Nifty sentiment. If the market opens with a gap-up or if it finds support around the 38% Fibonacci level or the demand zone on the downside, the range-bound market is likely to continue.
Alternate View:
If the correction takes a sharp decline and consolidates or breaks the demand zone, it could fall further to the 78% Fibonacci level or to the swing low.
Current View:
There is not much difference compared to Nifty sentiment. If the market opens with a gap-up or if it finds support around the 38% Fibonacci level or the demand zone on the downside, the range-bound market is likely to continue.
Alternate View:
If the correction takes a sharp decline and consolidates or breaks the demand zone, it could fall further to the 78% Fibonacci level or to the swing low.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.