Thursday, April 14

Nifty and Bank Nifty Technical Levels for 15 April

Nifty Hourly Charts
Nifty showed a tremendous move on Wednesday after 5 days of downfall
Nifty Hourly Charts moved back to buy as per the trading system and also moving into a vertical channel.
As said in Nifty Weekly Analysis 5777  on closing basis should be SL for longs.
Always give preference to Higher Time frame(Weekly) above daily and Hourly for your trading decisions.
Now looking at Hourly chart we are trading in channel and move above 5923 can take us to 5945 and 6000 levels

Nifty Daily Chart

On Daily Charts we are facing …
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