Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter http://twitter.com/#!/lucksr

Sunday, January 17, 2021

Reigning The Nifty and Bank Nifty 18th January 2021


Nifty Weekly Chart 


Fibonacci projection target is around 15250
The doji alerts one to watch for the coming week's candle. A trade and close  below last week's range will confirm bearishness.

Nifty Daily Chart 


There's been a slow slide after completing target of around 14500 partially filling gap left at 14347-14383.

Nifty Hourly Chart 


Bank Nifty Weekly Chart


Bank Nifty Daily Chart


Bank Nifty showing a mild bearish bias too. 

Would be prudent to tighten stops.



follow me on twitter http://twitter.com/#!/lucksr 


Happy Trading !! 

Lakshmi Ramachandran

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