Bank Nifty Weekly Forecast for New Financial Year

Sunday, April 2 Leave a Comment

Last Week we gave Chopad Level 21156 Bank Nifty  gave perfect short  entry chopad followers  and did 1 target on downside. Long triggered on Tuesday did all 3 target on upside thus rewarding disciplined Chopad followers . Lets Analyze how to trade Nifty as we are approach the New Financial Year. Trading Resolution for Financial Year 2017-18

Bank Nifty Hourly

As discussed in last analysis Bank Nifty  bounced from the lower end of channel suggesting 20750 will remain strong support and rally can extend towards 21500.  Below 20750 can fall till 20500/20300.
Low made 20979 and rallied till 21696,

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