Banknifty daily analysis for 07/06/23.
Banknifty remained above 44k whole day and during the last hour gained some points giving close above 44150.
Market consolidated for 4 hours and gave a nice break out.
DJI seems to be flat till now and there can a chance of a bullish break out as the market has closed. Watch the global markets in market to get a clear view and trend of the market.
On the hourly charts, the market closed above both the moving averages and is near a resistance zone of 44250.
Support :- 44050, 43850
Resistance :- 44260, 44450
Currently, the market is trading in a range and break out can give nice target.
Wait for the price action near the levels before entering the market.
Market consolidated for 4 hours and gave a nice break out.
DJI seems to be flat till now and there can a chance of a bullish break out as the market has closed. Watch the global markets in market to get a clear view and trend of the market.
On the hourly charts, the market closed above both the moving averages and is near a resistance zone of 44250.
Support :- 44050, 43850
Resistance :- 44260, 44450
Currently, the market is trading in a range and break out can give nice target.
Wait for the price action near the levels before entering the market.
פרסומים קשורים
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.