- Banknifty closed below two very strong EMA i.e. 100 DEMA & 200DEMA.
- Banknifty is breaking every contracting triangle patterns one by one and now last one more triangle support comes around 9740 breaking and closing below 9740 will bring deeper correction.
- On upside immediate resistance comes around 9950-9980.
- Banknifty is weak as long as it stays below 100 & 200 DEMA and weekly agni level & JBNSAR levels 10208-10276.
- Banknifty is highly oversold in Daily chart.
NOTE: VERY SOON INCORPORATE A STRATEGY FOR CONSERVATIVE TRADE FOR THE ONE WHO DONT WANT TO TRADE INTRADAY BUT TO HOLD FOR A SHORT PERIOD.
hi sir, tell me a free source to get historical intraday charts of nifty fno
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