Opened at 33558 at the support level and did not trade below that conclusively. BN showed a slight pause at 33800 levels but broke that in by 14.45.
The next resistance is at 34127
The nearest support is still 33565
Similar Posts
30th Oct ’23 — Nifty Shows Strength, but bullish only above 19310 — PostMortem on Nifty & BankNifty
Nifty Analysis Recap from yesterday: “A simple Fibonacci level places the 23.6% retracement level at 19083…
Nifty & BankNifty Analysis — 15 Apr 2024–22295 support is taken out, I am short-PostMortem Series…
Nifty Analysis — Stance Bearish⬇️ Recap from yesterday: “On the higher time frame, we have a double top…
07 Mar ’24 — Another stable day, getting ready for the Next Jump?
Nifty Analysis — Stance Bullish ⬆️ Recap from yesterday: “We are maintaining our bullish stance for tomorrow as…
Bank Nifty Today — 10 MAR 2023 Post Mortem & Analysis
Promising price action today if you are bearish. The double top M pattern on the hourly…
Mutual Funds Day 16: No Guaranteed Returns
You might have already heard these words “Mutual Fund investments are subject to market risks, read…
Bank Nifty Today — 05 DEC 2022 Post Mortem & Analysis
Bank nifty opened gap up right at the resistance level and then made a quick drop…