Technical Analysis For Bank Nifty Today 14-08-2019 22:00:04

wp-header-logo-1514.png

In 1 hour chart Bank Nifty price continues to trade at 27952 and below the (Exponential Moving Average)EMA200 value of 29167.8 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Sell overview conditioned by the price stability below

However, if Bank Nifty continues to trade below level, that could be an extraordinarily Bearish sign for Bank Nifty

Even so, the 200-candle Exponential moving average (EMA) price range of 29167.8 is proving a tough nut to crack.

Pivot (invalidation): 27929

Our preference: Long positions above 28173

Alternative scenario: Below 27486 look for further downside.

Support Resistance Levels For Bank Nifty Today at 14-08-2019 22:00:04

Pivot: 27929

Resistance 1: 28173

Resistance 2: 28616

Resistance 3: 28859.9

Support 1: 27486

Support 2: 27242.1

Support 3: 26799.1

Yesterday High Low Close For Bank Nifty

Yesterday High: 28372.1

Yesterday Low: 27685.1

Yesterday Close: 27730

Today at 14-08-2019 22:00:04 Bank Nifty trading at 27952 with high of 28142.9 and low of 27765.9

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.