Sandip_a_

Unlocking the secret of Bank Nifty

NSE:BANKNIFTY   Nifty Bank Index
Dear all, Bank Nifty is a highly manipulated Indices . Very hard to predict where it can go. Anyways my analysis is for a month and not for Weekly Expiry. You see the Yellow line , it will not cross it. So any Upside around 27000 is a very very very good oppurtunity to short. 26447 has little support . If it close below 26447 then downward move can be seen till 26295. 26290 has very strong support if break then it will slide till 26000.

Now closing above 26500 on monday it can go till 26850 to 27100. Here you can short for 600 to 800 points.

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