Technical Analysis For Bank Nifty Today 13-09-2019 23:00:04


In 1 hour chart Bank Nifty price continues to trade at 28170 and above the (Exponential Moving Average)EMA200 value of 27997.5 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Buy overview conditioned by the price stability above

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

Even so, the 200-candle Exponential moving average (EMA) price range of 27997.5 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 23:00:04

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 23:00:04 Bank Nifty trading at 28170 with high of 28199.8 and low of 27591.6

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