Crucial levels in Bank Nifty and Nifty
Longs seem to be drying and tiring. Both Nifty and Bank nifty are at crucial resistance levels. 15865 for nifty and 35350-35500 for bank nifty. Strict stop loss for longs - Profit booking could come in at any time.
Once below the support trend line and confirmation below the cloud could spell a long time unwinding of longs to head for lower lows.
Opinion only - not a recommendation.
Once below the support trend line and confirmation below the cloud could spell a long time unwinding of longs to head for lower lows.
Opinion only - not a recommendation.
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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.