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Banknifty Weekly Analysis
BANKNIFTY
, 1W
Long
BANKNIFTY: Banknifty Weekly Analysis

A move towards 41500 to 42100 is possible till Fib. zone . Short term trend is bullish as we can see 39000 is acting as a good support . A bounce back is due till 42000.

NIFTY NEXT WEEK VIEW
NIFTY
, 1W
NIFTY: NIFTY NEXT WEEK VIEW

We can see NIFTY consolidation in INSIDE BAR (MOTHER) candle. Can anticipate either side BREAKOUT OR BREAKDOWN. It is also at Important FIB. ZONE .Closing above 17250 may give abullish signal for uptrend till ATH and closing below 17750 may give a signal of some bearish correction in NIFTY till 17300(gap filing).

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