SUN TV, today test the demand zone and again bounce back from there, with a bullish hammer candle, it can go up to 500 level again( PREVIOUS SUPPLY ZONE), lets see whats big players are planning to do.
( NOTE- i dont use any indicator in my analysis, just pure price action.)
Nifty 50 tested the previous resistance at 11700 and breaked the resistance. Tested the support at MA9 on Daily Chart and again break the resistance at 11700 which is a perfect Buy and the Target is 11980-12000.
BANKNIFTY: buy above sell below levels for this week- part2 (OCT last week)
Previous targets achieved in single day, so extending the prediction rest of the day this week.