Banknifty week 21st to 25th weekly analysis
banknifty following in channel pattern in next week if Thursday high is crossed and closed in green on Monday then price channel top might touch in coming weeks. if not this will sideways till control line(middle one). If control line broken and global scenario supports we wll see more downwards...
ONE MAJOR THING IS PRICE ALREDY COMING FROM VERY LOW CHANCES ARE LOW THAT PRICE BREAKS THE CHANNEL AND MOVE UPWARD.
i tried to show my view if anything want to mention or correction you are welcome...
ONE MAJOR THING IS PRICE ALREDY COMING FROM VERY LOW CHANCES ARE LOW THAT PRICE BREAKS THE CHANNEL AND MOVE UPWARD.
i tried to show my view if anything want to mention or correction you are welcome...
Note
touched the control line lets see nowNote
what a bounce from control line POWER OF ANALYSISNote
36600 level is very crucial for longs to continueNote
until control breaches there is nor shortsNote
36600 STILL VALID FOR LONGS
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