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Bank Nifty Near Short-Term Resistance

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Bank Nifty is approaching towards an important resistance price area, where the bears might come back, and we may see a pause or pullback in the current upswing.

In the above chart, we can see, the even short-term angle is following the current trend very tightly, 26315-25350, will be the critical price area for bulls & support will be at 25820. However, bulls already gave a very early sign of this present uptrend, we only need special & unique trading tools & proper risk management for getting on the right side of market moves.

Note: Above mention Price projection & other Information are for educational purposes only.

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About the Author

Divesh Jotwani is a Full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day in and out markets.