Bank Nifty was at channel top and it had to fall and it's fallen. does it take a monthly support at 28000 level? lets wait and see where market has to headus in coming days ( before Apr 31st 2021 ).
my view on Monthly is bearish. but weekly we can see some consolidation.
Price is expected to reach 830 to 840 Level, because,
1. it formed negative divergence
2. its in channel top
** **Note: This View is Only for Educational Purpose and Not for BUY or SELL recommendatation. **
GPIL is expcted to be level down below 640 at the weekly level as it forms the negative divergence.
Much expected level 640, 620 , 560 ( least possible )
Nifty Now : ~ 15400
In few trading session, Nifty May take support at range 14750 to 14850.
This is for educational Purpose only . NOT FOR ANY RECOMMENDATIONS.
