BANKNIFTY 31-03-2023
BANKNIFTY 31-03-2023 iNTRADAY
Bank nifty looks +ve to sideways
reasons=>
1).daily CPR up with narrow width
2). RSI stretched Near overbought zone in 30 min and 1 hr. time frame.
3). in daily time frame H-M System Trying to give Break out.
What to do=>
1). if opens Gap up above or near 40080 Find Selling Opportunists
2). if opens Gap down Near 39800 then for One up bounce Try to find Buying Opportunities.
Bank nifty looks +ve to sideways
reasons=>
1).daily CPR up with narrow width
2). RSI stretched Near overbought zone in 30 min and 1 hr. time frame.
3). in daily time frame H-M System Trying to give Break out.
What to do=>
1). if opens Gap up above or near 40080 Find Selling Opportunists
2). if opens Gap down Near 39800 then for One up bounce Try to find Buying Opportunities.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.