Trendlines

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Nifty for 20 Oct 2020

Nifty and BankNifty for 20 Oct 2020

Yesterday we have seen that Nifty opened gap up on buying levels and the whole day it was trading in a range and Bank nifty gave a good move upside. The overall market seems bullish and seems to continue today also if the range of Nifty break on upside. Below is the trendlines chart for Nifty and BankNifty in15Mins timeframe. Nifty is having a support trend line and is forming a triangle in the range. Bullish breakout will easily put Nifty into breaking small resistances and it can easily go for 12020. The support can be the trend line which […]