Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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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!/lucksr 

Happy Trading !! 

Lakshmi Ramachandran

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