Technical Analysis For Bank Nifty Today 11-09-2019 15:00:04


In 1 hour chart Bank Nifty price continues to trade at 27856.8 and below the (Exponential Moving Average)EMA200 value of 28011.9 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 28011.9 is proving a tough nut to crack.

Pivot (invalidation): 27397.7

Our preference: Long positions above 27754.9

Alternative scenario: Below 27187.3 look for further downside.

Support Resistance Levels For Bank Nifty Today at 11-09-2019 15:00:04

Pivot: 27397.7

Resistance 1: 27754.9

Resistance 2: 27965.3

Resistance 3: 28322.5

Support 1: 27187.3

Support 2: 26830.1

Support 3: 26619.7

Yesterday High Low Close For Bank Nifty

Yesterday High: 27608

Yesterday Low: 27040.4

Yesterday Close: 27544.6

Today at 11-09-2019 15:00:04 Bank Nifty trading at 27856.8 with high of 27897 and low of 27595.1

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