Nifty Bank IndexLong
Weekly BankNifty Analysis
Updated
According to my analysis on hourly charts, it could go either way.
I personally feel it would go upward. It should open gap up by 50-70 points. Lets see what happens on Monday.
You could see the supports and resistance as per my analysis on the chart.
What are your views? Let me know :)
Thank You, Happy Trading
Disclaimer: I am not a registered broker or analyst these are only my opinions based on current market and I am not responsible for anything based on my idea. Do your own research before trading.
I personally feel it would go upward. It should open gap up by 50-70 points. Lets see what happens on Monday.
You could see the supports and resistance as per my analysis on the chart.
What are your views? Let me know :)
Thank You, Happy Trading
Disclaimer: I am not a registered broker or analyst these are only my opinions based on current market and I am not responsible for anything based on my idea. Do your own research before trading.
Note
See, gap up and positive start.Note
Tried to break top resistance but couldn't sustain. Broke S1 at 29900 but couldn't go down below S2 29780.
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