Bank Nifty Weekly Analysis before Crucial RBI Policy on 2 June

Last week we gave the Chopad level of 18426  Bank Nifty achieved 2 target on upside  and 1 target on downside rewarding discipline chopad followers .Lets analyze how to trade next week as RBI policy in 2 June. Bank Nifty Hourly Bank Nifty broke its trendline and also closed above its 21/34 EMA, suggesting break of 18750 can see move towards 18900/19038  is on cards. Bearish  below..

Posted in: Technical Analysis