Bank Nifty weekly expiry closed at 24477, consecutive 6th time fall on the downside
The Following levels for the coming days
Support – 24330,24050,23880,23660 & 23300
Resistance – 24470,24820,25050,25195 & 25350
One Magic Number to watch out for the week – 24330
Bears have been an upper hand for the last 6 weeks, will they be for coming week
we don’t know is the best answer and correct answer, however
They will remain so if they breach 24330 and closes for 2 days below that number
Bulls fight back can be been seen only if they hold 24050 level for the week, that would be first confirmation, they have started their fight back, second confirmation would be -24330
If both the territories are held, some kind of pullback in the markets, we can see
Global Markets, have rebounded last week, our markets have not seen any pullback.
Global markets are positive this week, these may give bulls some ammunition to start moving on an upside
Let markets Decide, what it wants, we are just followers of Market; Never ever predict the markets.Period
Trade from Savings Money
Risk-less at the beginning
Take Calculated Risk once you have doubled your capital
Always Less is more in Market and Life
All the Best
