Nakshatra Trading

*Analysis for New Samvat 2079*

Nifty-Weekly close above 18200 will head towards 20000.

Bank Nifty-Weekly close above 42000 will head towards 51000.

Intermittent corrections will come and go but the overall trend is bullish. US and Europe weakness is factored in since last one year. Last one year market largely consolidated and now is ready for range expansion.

Risk - Russia - Ukraine war is the major risk for Indian markets especially if there is use of tactical nuclear weapons. In that case no levels and no data will work and market.

Banks will lead the index in this rally. You can prefer banks like ICICI, Kotak, Canara bank and Axis Bank.

Stop losses are like speed breakers. They slow you down but keep you in the journey.

Cut your losses early and always avoid over trading and over leveraging.

BANK NIFTY - WEEKLY ANALYSIS

BANK NIFTY - WEEKLY ANALYSIS. (DT 10TH JULY 2022)

BANK NIFTY - MONTHLY ANALYSIS

BANK NIFTY - IMPORTANT LEVELS FOR 6TH MAY 2022 (FRIDAY)

BANK NIFTY - IMPORTANT LEVELS FOR 5TH MAY 2022 (THURSDAY - WEEKLY EXPIRY)

BANK NIFTY - IMPORTANT LEVELS FOR 4TH MAY 2022 (WEDNESDAY)

BANK NIFTY - IMPORTANT LEVELS FOR 2ND MAY 2022 (MONDAY)

BANK NIFTY - WEEKLY & DAILY ANALYSIS.

BANK NIFTY CHART ANALYSIS WITH 1 MONTH CANDLE FRAME