Last week, Wednesday, the view on Bank nifty was short with 3rd target being 36000. On Thursday target 1 and 2 was hit and Friday we hit the 3rd target.
For the upcoming week, we can expect the present trend to continue. Any long positions can be taken only on day candle closing above 36552 and sustaining above it.
On the down side, support can be expected at 35100 - 35200 levels. If that breaks, we can see 34400 levels.
*post is for educational purposes only*
For the upcoming week, we can expect the present trend to continue. Any long positions can be taken only on day candle closing above 36552 and sustaining above it.
On the down side, support can be expected at 35100 - 35200 levels. If that breaks, we can see 34400 levels.
*post is for educational purposes only*