Sunday, May 15

Bank Nifty reacts from gann angle, Weekly Forecast

Last Week we gave Chopad Level 16400 Bank Nifty gave Long entry on Monday and did all 3 target by Thursday and thus rewarding discipline chopad followers by 500 points. Lets analyses how to trade Bank nifty in coming week, Will the age old adage , "SELL IN MAY AND GO AWAY" hold true in May month.


Bank Nifty Hourly

gann circle

As discussed last week  coming week below 16188 15800/15500. Above 16500 Tgt 16800/17100.
Both Done Coming week, break of 16500 can see move towards 16245/16100. Bullish only above 16792 for 17000/17200.

Bank Nifty Harmonic



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