Bank nifty weekly analysis.
Weekly chart is bearish. A gravestone doji
Is suggestive of a Reversal,for it appears at the top. Bank nifty making a reversal?
44470(previous month high) could be an important support level. If this support gets breached,then 43345 (previous month low) may stop the reversal. Next support levels are shown as Ms2 and Ms3. Whenever a gravestone dono appears at the top of a trend, reversal is on cards.
Is suggestive of a Reversal,for it appears at the top. Bank nifty making a reversal?
44470(previous month high) could be an important support level. If this support gets breached,then 43345 (previous month low) may stop the reversal. Next support levels are shown as Ms2 and Ms3. Whenever a gravestone dono appears at the top of a trend, reversal is on cards.
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