Index “Spot NSE Bank Nifty” Trading View DATE: 09-12-2024

Jai Shri Ram

Index “Spot NSE Bank Nifty” Trading View: from couple of week’s we had seen good upside movement but now market taking breath and upside movement is limited because we have good trend-line resistance zone of ₹54200, and after that ₹54500 and if we get weekly closing above ₹54500 then we will see next rally up to ₹56925, “But But But” we are expecting some cool down from here because of negative fundamentals + financial year ending profit booking and good trend-line resistance zone. Am expecting some selling pressure on rise up to next support level of ₹53000 & ₹52200 and ₹51400, I have no doubt if market can touch recent low

Chandan Singh

this is Chandan Singh from India. research technical analyst in financial market and helping investor or traders to generate knowleage with profit from financial market with having 17 years of experience!