Monday 15 October 2018

Bank Nifty Weekly View


Bank Nifty has broken out from a Cup and Handle pattern on the smaller timeframe chart, which indicates that further upside is on the cards. Projections indicate that the index has a potential to rally towards 25,900 levels in the near term. On the downside, 24,990 is a crucial support zone for Bank Nifty.


Weekly chart


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