Bank Nifty witnessed a very volatile session and ended day with a cross Doji pattern, Technically bear still have a hold, but this doji suggesting they grip has loosen a bit.
Being a weekly closing tomorrow, it going to be a very important session and to see how it will open and how it will close tomorrow.
Support zone for tomorrow : 22267- 22225 , if held index may test 22750 levels, and break above which may move towards 23000 and 23300 levels.
And if it did not sustain the above support zone, it may head towards 21400 levels.
i am expecting a trending move tomorrow, will update if i observe any important price action formation during the day.
Being a weekly closing tomorrow, it going to be a very important session and to see how it will open and how it will close tomorrow.
Support zone for tomorrow : 22267- 22225 , if held index may test 22750 levels, and break above which may move towards 23000 and 23300 levels.
And if it did not sustain the above support zone, it may head towards 21400 levels.
i am expecting a trending move tomorrow, will update if i observe any important price action formation during the day.
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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.