Bank Nifty Weekly Outlook as per Fibo and Elliot wave

Last Week we gave Chopad Level of 14396 Bank Nifty did all the 3 target on upside rewarding Trend Follower by 500 points.. Lets analyze how to trade Bank Nifty in coming week.

Bank Nifty Hourly

Bank Nifty hourly charts touched the gap area and started bouncing back towards the higher end. Negative divergence are visible in hourly charts and downward falling trendline resistance comes around 15556.

Bank Nifty Hourly Elliot Wave

Bank Nifty hourly EW is showing an abc

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