Prudent Investments.
( Invest With Prudence. )
Nifty & Bank Nifty,
Facing,
Trend Lines Resistance.
Nifty Spot Daily.
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Call : + 91 - 8585994465.
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Facing,
Trend Lines Resistance.
Nifty Spot Daily.
Though Nifty (Spot), broke out of the Short Term Down Side Channel, but got stuck at the Multi - Year upward Trend Line, which is currently acting as a Resistance. If the Indian benchmark index break this resistance and continues to move up, then the next target will be around the Yellow Horizontal Line.
Bank Nifty Daily.
Bank Nifty is currently moving in a Downside Channel ( See the Aqua Color Lines ), and yesterday faced resistance as it should have, till the time it continues to move in this tandem. Once it breaks the Downside Channel, then the two Yellow Lines & then the Grey Line will be the next targets for F&O Traders. Important thing to note is that at the second Yellow line , there is also a GAP which will also act as a crucial Resistance.
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Call : + 91 - 8585994465.
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