Bank Nifty forms Bearish Engulfing, Weekly Forecast

Last Week we gave Chopad Level 15170 Bank Nifty short initiated  below chopad levels on Monday   did all target in downside by Tuesday.Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly As discussed last week Bank Nifty broke the 180 degree support and quickly saw fall till 225, did not close below the support and again gave the recovery, and heading towards 180 @15300/

Posted in: Technical Analysis