Bank Nifty Analysis:12-05-2023:
On 12th May 2023, BN's momentum was upward.
The purple color trendline will be broken on 14-05-2023, and a downward momentum will start. The first target will be the 43556 level. The second target will be the 43350 level. Otherwise, if the channel is broken towards the upper side, then BN will move up to the 44240 level in one or two days. Education purpose only. Do your own analysis. If I made a mistake, kindly tell me, I will learn from my mistakes.
On 12th May 2023, BN's momentum was upward.
The purple color trendline will be broken on 14-05-2023, and a downward momentum will start. The first target will be the 43556 level. The second target will be the 43350 level. Otherwise, if the channel is broken towards the upper side, then BN will move up to the 44240 level in one or two days. Education purpose only. Do your own analysis. If I made a mistake, kindly tell me, I will learn from my mistakes.
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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.