Bank Nifty Weekly Analysis for 02-06 Feb
Last week we gave the Chopad level of 20116
Bank Nifty achieved 3 target on upside and 2 target on downside
rewarding trend followers by 780 points. . Lets analyze how to trade
Bank Nifty in coming week as RBI policy is due.
As discussed last week new high came and Bank Nifty went above upper trend line of channel and than gave a fast and swift move on gann turn date. Now bank nifty is heading towards lower end of channel once 19732 is broken towards 19300 odd levels.
Hourly Elliot wave analysis is shown,
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Bank Nifty Hourly
As discussed last week new high came and Bank Nifty went above upper trend line of channel and than gave a fast and swift move on gann turn date. Now bank nifty is heading towards lower end of channel once 19732 is broken towards 19300 odd levels.
Bank Nifty Hourly EW Daily
Hourly Elliot wave analysis is shown,
posted by Bramesh at
9:36 PM
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