rkamaljain

rkamaljain

Bank Nifty and effect of Hindenburg report on Adani Group. The circle represents the total circular effect. Now coming to an end. Bank Nifty the High weightage index on Nifty showing that it is now to end above 41300 or by 7th March 2023. when the Price valuation get out of the circular.

rkamaljain

The Bank Nifty showing strength on 1 Hour chart and also was taking support for last 5 days on MA69. Now, Expecting more upside of 300-500 points towards 43000.

rkamaljain Updated 

Bank Nifty view as per developing patterns considering budget 2023 may go upto 45500 as per weekly chart. Small correction might be seen till the event after that we may see a big correction to 37500. Note the dates and patterns.

rkamaljain

Bank Nifty witness small correction - news effect corona Opportunity for Buyers This analysis is based trend line where we saw reversal from low of 32500 on 17-06-2022 then breakout on 19-07-22 of DMA-108 next. With low from 17-06-2022 Trend line appeared as support and market reversed from 37670 and made a high of 44241. Now trend reversed to downside. Now,...