Bank Nifty Hourly
Bank Nifty hourly charts is forming an ascending triangle formation.Breakdown below 11400 and breakout above 11530
Bank Nifty Daily
Bank Nifty on daily chart is near its trendline resistance unable to cross the pullbackback is expected to fill upside unfilled gaps.
Fibonacci technique
Fibonacci fan
Bank Nifty Fibonacci fan are wonderful tool to find the top and bottom in short term.Support at 11300-11276
Fibo Retracement also signalling support @11236
Bank Nifty Weekly
Bank Nifty is again near its trendline support holding the same we can see a bounceback only on close above 11530. Breakdown below 11300.
Bank Nifty Monthly
Bank Nifty Trading Levels
Bank Nifty Trend Deciding Level:11406
Bank Nifty Resistance:11536,11666 and 11926
Bank Nifty Support:11276,11146 and 11016
Levels mentioned are Bank Nifty Spot
Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict Sl
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