Bank Nifty Weekly Analysis For 15-04-24 to 19-04-24
Bank Nifty Weekly Analysis For 15-04-24 to 19-04-24
48800-49000 is the Resistance for this Week.
Short Level for this Week are:
Scenario 1:
If Bank Nifty breaks 48400, short for the Targets of 48080/47800.
Scenario 2:
If Bank Nifty gives a pull back and tests Resistance, short from 48800 for the Targets of 48480/48080.
Long Only above 49100 for New ATH.
Verdict: Sideways Market to Downside.
48800-49000 is the Resistance for this Week.
Short Level for this Week are:
Scenario 1:
If Bank Nifty breaks 48400, short for the Targets of 48080/47800.
Scenario 2:
If Bank Nifty gives a pull back and tests Resistance, short from 48800 for the Targets of 48480/48080.
Long Only above 49100 for New ATH.
Verdict: Sideways Market to Downside.