Bank Nifty Weekly Forecast for December 2016 Expiry

Sunday, December 25 Leave a Comment

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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