Bank Nifty Weekly Analysis

Last week we gave the Chopad level of 19076 Bank Nifty achieved 3 target on downside and 3 target on upside.Lets analyze how to trade next week.

 Bank Nifty Hourly

Bank Nifty is approaching the resistance line of  hourly chart suggesting breakout/breakdown is on cards. Break of 2100 suggests bank nifty can move towards 20800/21000. Any break below 19800 can see move towards 19300/19500.

Bank Nifty Hourly  EW Daily

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