Bank Nifty- Makes a doji on wkly- Will it go to 33,000 soon?
Bank Nifty has made a doji on weekly chart. The downward momentum could continue to take it down after this pause. the next levels are marked on the chart- but eventually it should get to 33,000. The correction at current level is around 15.5%, looks all set for a correction of 20% ---consolidation and then a move forward. 20% correction from the peak will take it to 33,000 -as marked on the chart.
Do you also expect it to fall till 33000 or do you expect it to bounce back sooner?
Do you also expect it to fall till 33000 or do you expect it to bounce back sooner?
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