Bank Nifty corrects 10%,Weekly Analysis
Last week we gave the Chopad level of 19856 Bank Nifty achieved 3 target on downside . Lets analyze how to trade Bank Nifty in coming week as RBI policy is due.
Bank NIfty hourly charts are approaching the demand zone as seen in hourly chart so range of 18600-18400 needs to be closely watched holding the same can see sharp and swift move on upside. Unable to do so can fall till 18000.
Hourly Elliot wave analysis is shown..
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Bank Nifty Hourly
Bank NIfty hourly charts are approaching the demand zone as seen in hourly chart so range of 18600-18400 needs to be closely watched holding the same can see sharp and swift move on upside. Unable to do so can fall till 18000.
Bank Nifty Hourly EW Daily
Hourly Elliot wave analysis is shown..
posted by Bramesh at
11:17 PM
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