Banknifty daily analysis for 05/07/23.
Banknifty has formed a perfect doji on the daily time frame and has closed 150 points higher.
On the hourly time frame, the market was volatile in the second half.
A single hour candle tested 45650 levels and closed around 45300 levels.
On 15 minutes charts, market closed below the 20 EMA in the morning hour but came back proving it a fake down. And finally has closed below the moving average .
Support :- 45020, 44780
Resistance :- 45360
Wait for the price action near the levels before entering the trade.
On the hourly time frame, the market was volatile in the second half.
A single hour candle tested 45650 levels and closed around 45300 levels.
On 15 minutes charts, market closed below the 20 EMA in the morning hour but came back proving it a fake down. And finally has closed below the moving average .
Support :- 45020, 44780
Resistance :- 45360
Wait for the price action near the levels before entering the trade.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.