Weekly BankNifty Analysis

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.