Sunday, 28 August 2016

{LONGTERMINVESTORS} Bank Nifty Weekly Analysis for 29 Aug -02 Sep

Last Week we gave Chopad Level 19500  Bank Nifty gave Short entry on Monday  which did 2 target on downside, High made was 19494 near our Chopad level of 19500 and unable to close above it through out the week. Lets analyze how to trade in coming week as we approach August Month Closing.

Bank Nifty Hourly

Bank Nifty Hourly

As discussed in last analysis Close above 19500 can move towards 19766/20000.

High made was 19494 so Bulls were unable


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Rgds,
Bramesh

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