Weekly view: Bank Nifty forms gravestone doji ahead of RBI Policy

Sunday, December 4 Leave a Comment

Last Week we gave Chopad Level 18440 Bank Nifty gave Short entry on Monday and did 1 target on Downside by Monday and gave long entry on Wednesday  thus rewarding discipline chopad followers handsomely on both long and short side. Lets analyze how to trade bank nifty in coming week as RBI policy will be held on 07 Dec

Bank Nifty Hourly

As discussed in last analysis for coming week Bulls need a close above 18550 for next move towards 18750/19000. Bears will be active below 18200 only for a move towards 18000/17800.
High made 18713 now for coming week 500

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