Nifty and Banknifty Weekly Analysis 05APR
------------- WEEKLY ANALYSIS 05-APR------
The short term trend has rotated back to allign with the long term trend.
NIFTY: Key Long term levels are 14500-15100 range
Immediate suport areas are 14800-830F areas. Hold into that will look for a pullback play.
BANKNIFTY: Immediate support areas are 33900-34100 areas for pullback play.
Breakout play abv 34500F areas
Swing support zones at 33500
The short term trend has rotated back to allign with the long term trend.
NIFTY: Key Long term levels are 14500-15100 range
Immediate suport areas are 14800-830F areas. Hold into that will look for a pullback play.
BANKNIFTY: Immediate support areas are 33900-34100 areas for pullback play.
Breakout play abv 34500F areas
Swing support zones at 33500