Bank Nifty Future Quick 5 min Analysis - Jun 28 2021

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S&P CNX NIFTY INDEX FUTURES (NSE:NIFTY1!)

NSE:NIFTY1! S&P CNX NIFTY INDEX FUTURES

Trend Analysis Technical Indicators Beyond Technical Analysis BANKNIFTY bankniftytrend bankniftytrading bankniftyanalysis bankniftyview niftybank niftybankanalysis niftybanktrend niftybanklevels

trendanalysis indicator beyondta banknifty bankniftytrend bankniftytrading bankniftyanalysis bankniftyview niftybank niftybankanalysis niftybanktrend niftybanklevels

BANKNIFTY1!
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral to bullish (Near resistance)

After sharp short covering rallies and shallow retracement & then Bank Nifty jumped sharply. So upward direction is likely to continue. I am of bullish view until the highlighted levels that i have mentioned in the analysis are taken out :)

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I explained is more in the video than typing here.
Hopefully this analysis make some sense for you.

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Trade Easy with,
Yogesh

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