Nifty Bank Index

Bank Nifty Analysis: 19-05-2023

60
Bank Nifty Analysis: 19-05-2023
Scenario 1 in our previous analysis target had been hit on 19-05-2023 in the first half an hour candle. Scenario 2 also had been hit on 19-05-2023 in the second half of trading. From the chart, we can see some consolidation around 43500 - 44000 in the last week.
Intraday levels are given for tomorrow (22-05-2023) in the chart itself.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.