Finserv

NIFTY - Ranging Market

Finserv Updated   
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Until Demand/Supply Zones are Broken on either Side, market is expected to be range Bound.

Blue & Red Lines are the Mark of End points for the selling or Buying Pressure, hence will wait to see new agreement between buyers/seller to push the price on either side.
Trade active:
Price is now trading in narrow range, next week will expect market to drift lower to retest the demand zone.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.