Girish

Bank Nifty seems to have broken out of the 600pt range and is now trading higher but within a smaller range of 250 odd points. If if retraces below 19000-19100 spot, then can it be a failed break-out ? If the highs of 19000-19100 spot offer support, then, it'll be a good retest of the break-out as well. Right now, am as clueless as anyone else :)

Price has tested higher end of the range multiple times. Will it head lower or the levels of 8550-8570 provide support ?

UPL is retesting the previous swing highs on weekly TF, after it broke the highs couple of weeks ago. The weekly charts are bullish.

SUNPHARMA - Weekly.

Price is trending down on daily TF. If 1400-1410 holds and price reverses from there, a long opportunity may emerge. For now, no action.