Bank Nifty started the week with a downward gap and extended earlier week's selling momentum however short covering along with buying support at lower levels. recovered some of the earlier losses. Bank Nifty Closed at 39598 with a loss of 887 points on a weekly basis.
On the weekly chart the index has formed a bearish candle forming lower high-low compared to...
Nifty start the week on a flat note but continued its previous week's negative momentum to end the week on a weak note. Nifty closed at 17100 with a loss of 313 points on a weekly basis.
On the weekly chart the index has formed a bearish candle with lower shadow indicating support at lower levels.
The chart pattern suggests that if Nifty crosses and sustains above...
