Bank Nifty Future Quick 5 min Analysis - Jun 23 2021
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral
After sharp short covering rallies Bank Nifty is in mark down phase which is again shallow markdown phase. This is as if market still not decided to go on either direction. I am of bullish view until the highlighted levels that are mentioned in the analysis are taken out :)
-- Generic lines below -- :)
I explained is more in the video than typing here
Hopefully this analysis make some sense for you.
Thank you,
Yogesh
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral
After sharp short covering rallies Bank Nifty is in mark down phase which is again shallow markdown phase. This is as if market still not decided to go on either direction. I am of bullish view until the highlighted levels that are mentioned in the analysis are taken out :)
-- Generic lines below -- :)
I explained is more in the video than typing here
Hopefully this analysis make some sense for you.
Thank you,
Yogesh