Bank Nifty ready for range expansion, Weekly Analysis

Last week we gave the Chopad level of 17906  Bank Nifty achieved 1 target on downside and 1 target on upside  rewarding discipline chopad followers .Lets analyze how to trade next week. Bank Nifty Hourly Bank Nifty entered in demand zone and saw a strong bounceback. Till Holding below  21/34 EMA @bears  have upper hand.Any close above 18300 will give a breakout and see bank nifty moving

Posted in: Technical Analysis