vanathi

BankNifty - An analysis!

NSE:BANKNIFTY   NIFTY BANK
354 13 18
Long can be initiated above 24700. Sell can be initiated below 24500. Range bound between the levels 24500 - 24700.
Any update on Bank nifty for this weekend.
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Missing your charts for past 2 days.
+1 Reply
vanathi TOP chetansha
@chetansha, So kind of you :)
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good analysis
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vanathi TOP vaibhav14476
@vaibhav14476, Thanks.
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I expect 600 pts fall in coming weeks in bnf. It's because of heads n shoulder n 61% retracement both are coinciding...
+2 Reply
vanathi TOP nanosoft
@nanosoft, Will see. Thank you for sharing your view.
+1 Reply
nanosoft vanathi
@vanathi, but tomorrow bounce back is possible as BJP won all rajya sabha seats
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vanathi TOP nanosoft
@nanosoft, Yes, since it is at support!
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right away can see a head & shoulder pattern...lets see wht the price action tell us in coming days..regards
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