#BankNifty swing trend is down. The intraday trend seems to have reversed though.
32100 is the make or break level for this swing trend!
#BankNifty swing trend goes long
#TrueTrend #PriceAction #Truestox
EOD update: BankNifty Future broke the 31680 levels in the morning indicating a swing down trend - but quickly reversed during the day and ended on a high note 150 points above the Trend Reversal level of 32100.
What are you doing
Whole world can see charts ,pls stop spamming!
Shocker of a gap down today! However, 32,800 proved to be a support zone and price stabilized above it in the second half. Apparently 33,000 is still a speed breaker for further up move. Lets see what’s in store tomorrow.
PS: Truncated expiry this week Be watchful for any surprise moves.
Bears were full steam in May series of #BankNiftyFutures today! Been on the decline since 33,250 levels…A good 1000 points down this week…
32,400 acted as a support in the first half but was broken with a bang in the afternoon… Market tried to breach it at least thrice in the second half but failed miserably…
Closing at day’s low - the downward momentum looks far from over! Unless the weekend has some positive cues and the price stabilizes above 32,400 levels next week - the future looks bleak…