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TradeEasyWithYogesh

Bank Nifty Future Quick Analysis

BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)  
TradeEasyWithYogesh  
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Trend Analysis Chart Patterns BANKNIFTY bankniftytrend bankniftytradesetup bankniftytrading bankniftyanalysis bankniftyview niftybank niftybankanalysis niftybanktrend
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trendanalysis chartpattern banknifty bankniftytrend bankniftytradesetup bankniftytrading bankniftyanalysis bankniftyview niftybank niftybankanalysis niftybanktrend
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral

Bank Nifty has been consolidating at the support now which was earlier resistance, and bullish bias is based on price action. At it is taking support at earlier resistance which was hit 5 times before it was broke this should act as strong support. Hence I am bullish until the highlighted levels are mentioned in the analysis are taken out :)

Hopefully this analysis make some sense.

Thank you,
Yogesh
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