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chndnprvn7
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Markets Allocation
50 % commodities 50 % indices
Top Mentioned Symbols
BANKNIFTY1! 50% | 1 NIFTY 50% | 1
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Banknifty Way Forward Analysis !!
BANKNIFTY1!
, 60
BANKNIFTY1!: Banknifty Way Forward Analysis !!

On hourly time frame( clear cut trendline is showing rejection for bulls so keep an eye on this trendline Strong Support Level-35500 Fibo Rejection of 50% at this level which is a solid confirmation Upper side rejection levels I have marked in charts if trendline breaks these will act as hurdles for bulls Market is expected to be rangebound this week lets see:)

Nifty Way Forward Analysis
NIFTY
, 1DLong
NIFTY: Nifty Way Forward Analysis

Seeing the current market Trend I am still bullish on Nifty (Daily Chart). We might see a correction due to ongoing Covid- Wave 3 , If we compare current market trend with Covid - Wave 2 trend Market still looks very strong. Momentum should continue with a minor correction.

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