Bank Nifty reacts from Andrew Pitchfork line, Weekly Analysis
Last week we gave the Chopad level of 18000 Bank
Nifty gave short entry on Monday opening and achieved all 3 target on
downside Lets analyze how to trade market in coming week.
This is what we discussed last analysis Bank Nifty hourly chart faced multiple resistance @17950, close above 17950 can see move towards 18084/18144 in short term, Support at 17850/17780.
Bank Nifty was unable to close above 17950 and correct all the way down to 17170 where Hourly support lies and now going forward if support comes at
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Bank Nifty Hourly
This is what we discussed last analysis Bank Nifty hourly chart faced multiple resistance @17950, close above 17950 can see move towards 18084/18144 in short term, Support at 17850/17780.
Bank Nifty was unable to close above 17950 and correct all the way down to 17170 where Hourly support lies and now going forward if support comes at
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