hey24sheep

Weekly BankNifty Analysis

Long
hey24sheep Updated   
NSE:BANKNIFTY   Nifty Bank Index
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.
Comment:
See, gap up and positive start.
Comment:
Tried to break top resistance but couldn't sustain. Broke S1 at 29900 but couldn't go down below S2 29780.

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.