Bank Nifty Weekly Forecast for December 2016 Expiry

Last Week we gave Chopad Level 18350 Bank Nifty made HIgh of 18316 on Monday giving Oppurtunity for Chopad Followers to Enter short trade a bit risky one as It did not touch the exact level of 18350 but rewards were also very good as it did the 3 target of 18350 Low made was 18316 thus rewarding Chopad Followers with Christmas and New Year gift :) Wishing Everyone a Merry Christmas  As we approach the last trading week of 2016 Lets analyze how to trade bank nifty in coming week. I sincerely Hope the Weekly Chopad levels have helped in your trading in 2016 and helped you becoming a profitable trader.

Bank Nifty Hourly

As discussed in last analysis Break of 18750 can see move towards 19000/19150. Break of 18200 on downside move towards 18000/17850
Low made was 17816 so 17850 done as the range

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