Hi, its my first post and analysis.
I think bank nifty could go anywhere this week as it wasn't able to break the peak of candle made on 9th Jan.
If it breaks 27815/27875, it will go up. Probably up to 28388
If it goes below 27639, it will go down. Probably up to 26644
I personally feel like it will go up or will be range bound between 27500 to 27815
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.
As per my analysis, it got up :) Enjoy profits
Trade closed: target reached:
Opened gap up with 27,840.10 breaking first level according to my analysis and made intraday high of 28,035.60 breaking second level of 27875.