#Bank Nifty Analysis for next week - Must see
My Analysis for Next Week
bank nifty bullish for 37200 levels with any break above 35800 zones
demand or support zone created at 35300 levels.
Chikou is below Candles - This denotes that we are still bearish and Need to close above 37100 levels for a resumption of bullish trend
Learning Points - From this chart
1. See the Kumo Cross and location of price wrt to cloud
2. Location of Chikou wrt to candles.
3. Identify support and resistance zones
4. plan as per levels on chart
bank nifty bullish for 37200 levels with any break above 35800 zones
demand or support zone created at 35300 levels.
Chikou is below Candles - This denotes that we are still bearish and Need to close above 37100 levels for a resumption of bullish trend
Learning Points - From this chart
1. See the Kumo Cross and location of price wrt to cloud
2. Location of Chikou wrt to candles.
3. Identify support and resistance zones
4. plan as per levels on chart
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