Bank Nifty rides on Raghuram Rajan, Weekly Analysis

Last Week we gave the Trend Deciding level as 9066 and Bank Nifty achieved 2 target on downside and did all target on upside but with a gap up which was not tradeable :)  .Lets analyze how to trade Bank Nifty in coming week.

Bank Nifty Hourly

Bank Nifty on hourly chart is finding resistance at 50 HSMA, and also downward falling trend-line Close above the 50 HSMA@..

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