Sunday, August 21

Bank Nifty Weekly Forecast for August Expiry Week

Last Week we gave Chopad Level 19054  Bank Nifty gave Short entry on Monday  which did 1 target on downside, Low made was 18839 near 1 target of 18900, Shorts got stopped out on Wedenday and Long triggred did 2target on Upside and missed 2 target by 43 points . Lets analyze how to trade in coming expiry week.

Bank Nifty Harmonic

ABCD
As discussed in last analysis  Holding 18700 Bank Nifty is heading towards 19332/19600 as per Butterfly pattern.
19332 done and waiting  for  19600, On medium term As per ABCD

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