Weekly Expiry View (02May19)
VIEW :
May face resistance around 11797-11814 and around this level chances of profit booking if the levels not sustained.
Strong support @11655.Expected expiry range (11693 - 11850).My view of probable expiry would be around 11717-11775
Probable range for short term (1812-1625)
Resistance @1722. Sustaining above 1722 may lead to 1756.
If not sustained above 1722 , chances are it may test 1661 and 1625.
Weekly View (Apr 22-25 )
Bank nifty dipped after reaching double top.Immediate resistance is seen at double top.
Probable range for the week is mentioned in the chart.
VIEW:
Currently@resistance. Moving above current price may lead to 1005 which is Trend line resistance.Any breakout from there leads to 1028.Unless trend line resistance is not crossed on closing basis, chances of profit booking.