Bank Nifty Weekly Analysis for Fed Rate Hike Week

Last week we gave the Chopad level of 16980 Bank Nifty gave short entry and continued with the fall throughout the week achieved all 3 target on downside. Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty finally broke the pyrapoint range and saw a big fall, range breakdown happened support at 16000 levels as shown below where shorts should part book. Bank

Posted in: Technical Analysis