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Nifty Bank Index
Nov 23, 2023
BANK NIFTY
5
Grab this chart
Grab this chart
FOR 24 NOV 2023.
+NOTE THIS ARE ABOUT A LONG HOLD OF 3-15 DAYS MAX.+
As you can see a new resistance is created below current resistance in the image.
1) 70% market will take down trend by tomorrow or expected next week. (select shot,sell,puts)
TARGET 1 - 43,200
TARGET 2 - 42,900
30% market can break its own resistance and go till the current resistance. (select long,buy,calls)
TARGET 1 - 44,050
TARGET 2 - 44,300.
I would suggest you to take option one, target one.
hormuzdengineer
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Support and Resistance
Trend Analysis
Trend Lines
hormuzdengineer
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