Nifty Weekly Analysis 19/06/2023 - 23/06/2023
NF trading close to ALL TIME HIGH. Strong bullish candle weekly. Can expect some cool off .Can consider as buy on dips. Daily in a trading channel. Wait for some clarity.
Posts
Bank Nifty Weekly Analysis (19/06/2023 - 23/06/2023)
Bn is in distribution phase on weekly chart stuck in the range of 44500 - 43400 Further action expected only outside the range. Daily looks to be taking support at 50EMA still within range. Hourly can be Rlaunchpad. Bearish targets can be 43100 and 42900 if trades below 44100. Above 44100 bullish targets can be 44750 and 44900.