Technical Analysis For Bank Nifty Today 13-09-2019 13:00:03


In 1 hour chart Bank Nifty price continues to trade at 27786.3 and below the (Exponential Moving Average)EMA200 value of 27996.9 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Sell 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 27996.9 is proving a tough nut to crack.

Pivot (invalidation): 27888.8

Our preference: Long positions above 28002.5

Alternative scenario: Below 27683.7 look for further downside.

Support Resistance Levels For Bank Nifty Today at 13-09-2019 13:00:03

Pivot: 27888.8

Resistance 1: 28002.5

Resistance 2: 28207.5

Resistance 3: 28321.2

Support 1: 27683.7

Support 2: 27570

Support 3: 27365

Yesterday High Low Close For Bank Nifty

Yesterday High: 28093.8

Yesterday Low: 27775.1

Yesterday Close: 27797.4

Today at 13-09-2019 13:00:03 Bank Nifty trading at 27786.3 with high of 27939.9 and low of 27591.6

Leave a Reply

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