Bank Nifty Weekly Forecast after BJP Election Defeat

Last week we gave the Chopad level of 17370 Bank  Nifty gave short entry on Monday opening and achieved 2 target on downside, and was unable to close above chopad level of 17370 on single trading session.  Lets analyze how to trade market in coming week.

Bank Nifty Hourly

Bank Nifty trading below 21/34 EMA , demand zone in range of 16750/16800.

Bank Nifty Channel

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