Bank Nifty Weekly View 27th Mar – 31st Mar

Last week as expected Bank Nifty moved down as per Elliot wave number , sell was initiated below 21020 on tuesday which made low of 20753.90 , did almost 2nd target as per weekly trading levels..

 

28th & 31st March is Gann date for Bank Nifty , we can expect some volatility or we can see short term top or bottom over there..

 

Bank Nifty Trend Changing Level 21300

 

Bank Nifty Weekly Trading Levels

Buy Above 21350

Target – 21480 / 21650 / 21900

Sell Below 21040

Target – 20900 / 20730 / 20500

 

 

. Kindly note above mention levels are for Bank Nifty cash 

. Always trade with stoploss & book partial profit as 1st target reach or trail stoploss

 

NOTE : THESE ARE MY PERSONAL TRADING VIEWS , BEFORE TAKING TRADE KINDLY CONSULT YOUR TRADING ADVISOR & KINDLY SEE DISCLAIMER

Leave a Reply