Last Week we gave Chopad Level 19580 Bank Nifty gave Short entry on Monday and did 3 target on downside ,which were rewarded handsomely. Lets analyze how to trade bank nifty in coming week.
Bank Nifty Hourly
As discussed in last analysis Bank Nifty need a close above 19750 for bulls to become active bears will get active below 19500 for targt of 19200/19000.
19000 done for coming week holding 18960 bounce towards 19500/19750/20000.
Bank Nifty Harmonic Pattern
Rgds,
Bramesh
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