Bank Nifty Forms Evening Star pattern,Weekly Analysis
Last week we gave the Chopad level of 19596 Bank Nifty achieved 3 target on downside .Lets analyze how to trade next week.
Bank Nifty took support at the trendline @18750 and closed near it. 2 Demand zones are marked in above chart, 18500 and 18300 respectively. Break and close below 18750 can see bank nifty moving to these 2 mentioned levels.
Hourly Elliot wave analysis is shown,18500 will play crucial role in coming week.
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Bank Nifty Hourly
Bank Nifty took support at the trendline @18750 and closed near it. 2 Demand zones are marked in above chart, 18500 and 18300 respectively. Break and close below 18750 can see bank nifty moving to these 2 mentioned levels.
Bank Nifty Hourly EW Daily
Hourly Elliot wave analysis is shown,18500 will play crucial role in coming week.
Bank Nifty Pyrapoint Indicator
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