Bank Nifty will be on traders radar next week, with announcement of new FM, Bank Nifty will likely to see a good trending move.
Bank Nifty Hourly
Bank Nifty hourly charts is poised for a breakout above 15320 for a traget of 15750.
Bank Nifty Daily Elliot Wave Analysis
Bank Nifty on daily chart as per Elliot wave gives a target of 16300.
Bank Nifty Fibonacci fan has taken resistance from its fibo resistance, Bullish only above 15320 a for short term target of 15700 and 16000.
Bank Nifty Weekly
Bank Nifty Weekly chart as per Andrew Pitchfork has crossed the median line and looks very strong on weekly charts, Also as per gann timeline bank nifty has entered in positive quadrant suggesting its in buy on dips mode.
Bank Nifty Monthly
Bank Nifty as per monthly chart gives target of 16700-17000
Bank Nifty Trading Levels
Bank Nifty Trend Deciding Level:15306
Bank Nifty Resistance:15436,15696,15956
Bank Nifty Support:15176,15046 and 14919
Levels mentioned are Bank Nifty Spot
Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict Sl
We do discussion is Live market to update Nifty levels If you are interested you can LIKE the page to get Real Time Updates.
Follow on Facebook during Market Hours: https://www.facebook.com/pages/Brameshs-Tech/140117182685863