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Bank Nifty Analysis and Trading Strategies by Venu Gopal is a document available to read on EtoBox.
What is Bank Nifty Analysis and Trading Strategies about?
The document provides analysis of the Bank Nifty index. It notes that the index has been trading in a range between 39700-37500 over the last two weeks. It will watch for a break above 39600 or below 37500 as a signal for a trending move. The daily chart is squeezed more than the weekly chart, with the range between 38500-39500. A close above 39500 or below 38500 would signal a directional move. Global markets opened lower, so the document expects the Bank Nifty to open gap down and watches support levels o
- Author
- Venu Gopal
- Language
- EN