VIEW ON BANK NIFTY
If we see weekly chart then it is not weak as compared to intraday or short time time frames
On weekly basis it is still holding 20 DEMA i.e. 50300
On above if it goes above 51000-51500 then 52000-52900 possible
On downside 49750 is most important support of Bank Nifty
If it breaks then downside till 48000 possible
Weekly range 51500-49500
I am just representing my views
For educational purpose only.
On weekly basis it is still holding 20 DEMA i.e. 50300
On above if it goes above 51000-51500 then 52000-52900 possible
On downside 49750 is most important support of Bank Nifty
If it breaks then downside till 48000 possible
Weekly range 51500-49500
I am just representing my views
For educational purpose only.
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