Bank Nifty - Weekly Review Oct 3 - Oct 7

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Price is consolidating in a small range. No other pattern has formed in the chart. Bullish above 38760 – 38800 range for the targets 38920, 39040, 39200,39420, 39600, 39740 and 39920. Bearish below 38720 for the targets 38600, 38480, 38320,38160,38000,37840,37700,37520,57380,37200 and 37040.
Breaking 37000, will make the price to move towards 36520, 36040.
Note : The different colored line in the chart is nothing but Anchored VWAP.
Note
Fall from the given resistance level. snapshot
Trend Analysis

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