VanijyamShala

VanijyamShala

An Ascending Channel within a Base Channel - Bank Nifty In the previous week Bank Nifty recorded a high at 22479 and formed a swing high with a bearish outside bar. The Key level is at 20926 and the critical level and 19507. On the break of the recent swing high price can inch towards the channel line. Price action near the support zone at 20240 will be crucial...

VanijyamShala

Nifty recorded a high at 10553 and formed a swing high. The key level is at 10194 and the critical level at 9544. An up move is possible above the recent high and on break of the key level price can move lower towards the rising trend line. Price action near the support zone at 9969 will be crucial for the upcoming week. Disclaimer All investments involve risk,...