Bank Nifty Weekly Forecast for 02-06 May

Last Week we gave Chopad Level 16800 Bank Nifty gave Long entry on Tuesday which did 1 target on Monday Longs taken got Stopped out on Thursday and Shorts initiated on Thursday did 2 target on downside low made was 17527 which was near our 2 target of 17500. Lets analyses how to trade Bank nifty in coming week, Will the age old adage , "SELL IN MAY AND GO AWAY" hold true in May month.

Posted in: Technical Analysis