Weekly Chart
Daily Chart
Hourly Chart
13597 should be held for the uptrend to continue.
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Happy Trading !!
Lakshmi Ramachandran
Monday, March 29, 2021
Sunday, March 21, 2021
Reigning The Nifty and Bank Nifty 22nd March 2021
Nifty Weekly Chart
Nifty broke down from the red rising wedge. Supports now at 14022-13597.
Nifty Daily Chart
Bank Nifty Weekly Chart
Bank Nifty continues correcting. Support at 33038-32613-29688.
Bank Nifty Daily Chart
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Happy Trading !!
Lakshmi Ramachandran
Sunday, March 7, 2021
Reigning The Nifty 8th March 2021
Weekly Chart
Daily Chart
Hourly Chart
14468 is strong support as shown on charts. A break will therefore be bearish for a target to around previous low of 13600.
Till high of 15432 is taken out bears have an upper hand.
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Happy Trading !!
Lakshmi Ramachandran
Reigning The Bank Nifty 8th March 2021
Weekly Chart
Daily Chart
Hourly Chart
Lower high and low in place indicating downtrend in the short term. A bearish multiple head and shoulder pattern could be forming which I have encompassed in a down trending channel. If the channel's resistance line is broken then bullishness could return.
Else expect lower levels with supports as marked.
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Happy Trading !!
Lakshmi Ramachandran
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