Banknifty week 21st to 25th weekly analysis

18 Mar 2022

banknifty following in channel pattern in next week if Thursday high is crossed and closed in green on Monday then price channel top might touch in coming weeks. if not this will sideways till control line(middle one). If control line broken and global scenario supports we wll see more downwards...

ONE MAJOR THING IS PRICE ALREDY COMING FROM VERY LOW CHANCES ARE LOW THAT PRICE BREAKS THE CHANNEL AND MOVE UPWARD.

i tried to show my view if anything want to mention or correction you are welcome...

22 Mar 2022

Not

touched the control line lets see now

22 Mar 2022

Not

what a bounce from control line POWER OF ANALYSIS

23 Mar 2022

Not

36600 level is very crucial for longs to continue

24 Mar 2022

Not

until control breaches there is nor shorts

31 Mar 2022

Not

36600 STILL VALID FOR LONGS