Friday, 6 July 2018

BANKNIFTY WEEKLY OUTLOOK ( 9th JULY 2018 to 13th JULY 2018)





Closed  @ 26493

EMA 10 @ 26515
EMA 20 @ 26418
EMA 50 @ 26064

Resistances: 26800,27200,27600
WEEKLY PIVOT: 26387
Supports: 26250,26950,25600



Dear traders,
For short term banknifty broken higher top higher bottom pattern on daily chart and closes below the lower support of trendline and it came now as resistance, banknifty made inverted hammer on daily chart so the same cases apply in bank nifty as we have analysis of nifty .
Pls trade according levels .

 Thanks

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