Nifty Private Bank 23200 ? This week

Updated

Nifty Private bank on weekly front formed Doji candle and on dialy front it is bearish candle no follow through after big bullish pin bar prior day, it means signaling more fall of 200 to 300 poitns downside from curret levels(23430) in comming days.Mentioned Support levels on lower side .In case it proves otherwise placed few Resistance levels on higher side also where sell reversal or breakout buy can be seen.

Please watch price action on those mentioned levels.

Note

30 Mins chart for reference

Note

Made low of 23280 area

Trade closed: target reached

As expected acheived 23200

Note

23k

rakeshreddym

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