Bank Nifty Future Quick 5 min Analysis - Jun 27 2021
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral to bullish (Near resistance)
After sharp short covering rallies and shallow retracement Bank Nifty jumped sharply. So upward direction is likely to continue. I am of bullish view until the highlighted levels that i have mentioned in the analysis are taken out :)
-- Generic lines below -- :)
I explained is more in the video than typing here.
Hopefully this analysis make some sense for you.
Thank you,
Yogesh
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral to bullish (Near resistance)
After sharp short covering rallies and shallow retracement Bank Nifty jumped sharply. So upward direction is likely to continue. I am of bullish view until the highlighted levels that i have mentioned in the analysis are taken out :)
-- Generic lines below -- :)
I explained is more in the video than typing here.
Hopefully this analysis make some sense for you.
Thank you,
Yogesh