Bank nifty made made Harami black pattern on daily chart and trying to follow lower top lower bottom formation and which means top is declining and bottom is also bottom is declining and in it closes below trend line that was acting as support from starting of this year which can be seen on the chart now 18500 is acting as strong support if bank nifty continue to trade below this level then clear downtrend will start . this is for my personal study not for trading:
Closed @ 19020
EMA 20 @ 19467
EMA 50 @ 19315
EMA 100 @ 18721
Resitences 19296,19600,19861
Supports : 18475,18174,18146,18000
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