Sunday, April 5

Bank Nifty Weekly Technical Analysis before RBI Policy

Last week we gave the Chopad level of 18036 Bank Nifty achieved 3 target on upside made low of 18809 and Chopad level was 18036.Lets analyze how to trade next week as we have RBI policy on Tuesday.

 Bank Nifty Hourly

Bank Nifty Hourly
Bank Nifty on hourly charts  entered in  Demand zones and reacted sharply on upside.Now resistance zone marked in above chart will become support.

Bank Nifty Hourly  EW Daily

Bank Nifty Hourly EW
Hourly Elliot wave analysis is shown..
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