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banknifty ema indicator-free indicators macd simplemovingaverage statistics strategy volumestudies wma Less Tags Show All Tags
BANKNIFTY – 1 Hour Chart Analysis
BANKNIFTY
, 60
Long
BANKNIFTY: BANKNIFTY – 1 Hour Chart Analysis

🧭 Current Price: ₹52,415.15 (As per the chart at the time of screenshot) 🧊 Chart Structure & Observations 📉 Previous Drop: Strong bearish move to sub-₹49,200 levels, then a swift V-shape recovery. ✅ Support Held: Strong support observed at ₹49,156.95 (labelled in blue) and a visual uptrend origin point at ₹49,526.40. 🔼 Reversal: Clean bounce from the uptrend...

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