Lets start with Nifty previous analysis "Index & Stocks :: Tandoori Night With Failed Delivery Attempts"
Being busy, in this platform, I was unable to update recent Nifty and bank Nifty analysis, but you can also get it from Twitter or YouTube channel "E Stock Market".
Click Previous analysis link:
Currently nifty has been broken major and as well following some structural behavior which indicates strong signal, it will possible false breakout which is mentioned on the chart " After recovery, sharp down fall from 11650 to 11950"
Expected bounce back duration 10 to 20 days, then ready for short. If changes in chart behavior...
Disclaimer: Buy Sell is your choice. No Recommendation.
Comment: nifty made low 11037, expected it will hold at 11100. So now bounce back level has been changed. Bounce from 10700 to 10900
Comment: BUY ACTIVATE FOR SHORT TERM
Comment: if nifty closed below 10350 then exit.
Comment: if nifty break 10350 then it will confirm for 1 to 2 yrs down mkt. In this case try to short at bounce back level.
Comment: nifty tgt 9200 to 8900