TradingView
vanathi
Aug 8, 2017 12:20 PM

BankNifty - An analysis! 

Nifty Bank IndexNSE

Description

Long can be initiated above 24700. Sell can be initiated below 24500. Range bound between the levels 24500 - 24700.
Comments
nanosoft
I expect 600 pts fall in coming weeks in bnf. It's because of heads n shoulder n 61% retracement both are coinciding...
vanathi
@nanosoft, Will see. Thank you for sharing your view.
nanosoft
@vanathi, but tomorrow bounce back is possible as BJP won all rajya sabha seats
vanathi
@nanosoft, Yes, since it is at support!
chetansha
Missing your charts for past 2 days.
vanathi
@chetansha, So kind of you :)
venkaticr
Any update on Bank nifty for this weekend.
vaibhav14476
good analysis
vanathi
@vaibhav14476, Thanks.
Raj10
right away can see a head & shoulder pattern...lets see wht the price action tell us in coming days..regards
More