Subscribe and Get Our ‘Special Market Analysis Reports’ In Your Inbox.

At present Bank Nifty Trading at Critical Angle, & today will discuss, what are that important factors which we should keep in mind for upcoming days. 

Bank Nifty Trading at Critical Angle

In our last Bank Nifty analysis, we expected it to take resistance near 26880-950 & 28150-210, but Bank Nifty started showing weakness before that only.

Well, now at present Bank Nifty is hovering around & taking support from important angle line, same seen in the above chart.

Holding, below that angled line, can show us a further drop in the price, of around 500-700 points, and maybe more.

In the present time, Nifty is showing range bound move & Bank Nifty is showing some trending movement, so at present, we are focusing on Bank Nifty index.

Note: Above mention price projection & other Information are for educational purpose only.

Related Topics

You may also like

September 27, 2020

The ice melting move of last week pushes the Index towards one month lower ...

Read More

September 22, 2020

The volatility stands high. During such times you should remain extra cautious before making the ...

Read More

September 21, 2020

Nifty Price Action Holds The Key Now For BullsBears continue the show of last ...

Read More

September 20, 2020

Last week, the undertone of markets was upbeat.But two stocks halt the gains—the Reliance ...

Read More
{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}