Friday, 15 June 2018

BANKNIFTY WEEKLY OUTLOOK ( 18th June 2018 to 22nd June 2018)


Closed  @ 26417

EMA 10 @ 26475
EMA 20 @ 26352
EMA 50 @ 25966

Resistances: 26800,27200,27600
WEEKLY PIVOT: 26500
Supports: 26000,25600


Dear traders,
Banknifty Making higher top and higher bottom chart pattern on daily chart and closed around lower support of this chart pattern so this is make and break point for banknifty as we have observed heavy weighted stocks in banknifty does not performed last week so next week we can expect good momentum in banknifty and trade according levels.

Thanks










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