Bank Nifty analysis for coming weeks

2016년 5월 28일

Shared chart is the road map for bank nifty movement for next few weeks. we have supply zone at 17859 to 18000
127% of Fibonacci level is also clubbing with supply zone.

All green lines are Gann square lines derived from different numbers, price is responding to these line nicely.
One can use these lines for stops or targets. Red and Green zones are supply and demand zones respectively.