Sunday, April 17

Bank Nifty close above 16188 ,Weekly Forecast

Last Week we gave Chopad Level 15600 Bank Nifty gave Short Entry  on Monday did 1 target on downside low made was 15440 which was near our 1 Target of 15450, again gave long entry on Monday mid session and did all 3 target on upside by Monday, Lets analyze how to trade Bank Nifty in coming Week as we have only 4 trading days as 19 April is trading Holiday.

Bank Nifty Hourly

gann circle

As discussed last week  Turned from channel resistance and did 16000. Now for coming week break of 15450 will see bank nifty going to 15250/15000 levels. Holding 15450 can lead to fast move till 15700/16000
Gann Circle is drawn above which suggests support


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