Bank Nifty Weekly Analysis for 27-30 Jan

Last week we gave the Chopad level of 19336 Bank Nifty achieved 3 target on upside rewarding trend followers by 520 points.  . Lets analyze how to trade Bank Nifty in coming week.

 Bank Nifty Hourly

As discussed last week new high came, Now high of 20116 should be watched closing above it can see bank nifty marching towards 20500/20600 Strong support @19900/19800 range.

Bank Nifty Hourly  EW Daily

Hourly Elliot wave analysis is shown,20300 will play crucial role next week.

Bank Nifty EW Daily

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