Weekly View: Bank Nifty forms Bullish Engulfing ahead of Fed Policy

Last Week we gave Chopad Level 18260 Bank Nifty gave Long entry on Monday and did 2 target on Upside by Wednesday before RBI policy and gave long entry on Wednesday and Shorts triggered on Wednesday after RBI Policy got stopped out on Thursday gap up  thus rewarding discipline chopad followers handsomely on long side. Lets analyze how to trade bank nifty in coming week as Fed policy will be

Posted in: Technical Analysis