Market welcomed budget with a bang. Bank Nifty support range mentioned last week worked so far.
Lets see how the chart looks now:
Nifty:
We can so many resistances waiting for Nifty. First one was crossed with a gapup without any hurdle which shows this pull back has strength to test other resistance. Lets see how it goes :).
Bank Nifty:
Similar to Nifty bank nifty is also moving towards resistance area. Need to see strength in this trend and watch price action in shaded area carefully.
NOTE: Above charts are only shared for learning purpose and are not related to any BUY/SELL tip.
Lets see how the chart looks now:
Nifty:
We can so many resistances waiting for Nifty. First one was crossed with a gapup without any hurdle which shows this pull back has strength to test other resistance. Lets see how it goes :).
Bank Nifty:
Similar to Nifty bank nifty is also moving towards resistance area. Need to see strength in this trend and watch price action in shaded area carefully.
NOTE: Above charts are only shared for learning purpose and are not related to any BUY/SELL tip.
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