Bank Nifty Outlook and Trend for 10-14 Oct

Last Week we gave Chopad Level 19250 Bank Nifty opened gap down and did not gave entry as per chopad levels ,  Lets analyze how to trade bank nifty in coming  week.

Bank Nifty Hourly

Bank Nifty again failed to cross above the hourly trendline as shown in above chart,suggesting bulls are still not out of woods. Only close above 19800 can see hourly chart turning in favor of bulls. Break of 19000 can see fast downmove towards 18800/18500.

Bank Nifty Harmonic Pattern

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