Nifty saw an interesting finale to the week by hitting an ATH, closing above the previous ATH too. Banknifty trend appears bullish because it's moving within a bullish channel, even though it continues to underperform Nifty by a fair margin. Nifty sustaining above prev ATH is a very bullish sign. Banknifty has sustained 35,000 levels after a retest, too. VIX ended -12.6% and showed us the first sustained close below 18!
Important Nifty levels and Banknifty levels for next week:
Levels for Nifty: 15,250, 15,270, 15,340, 15,385, 15,420, 15,431 (ATH) -- 15,480, 15,590
Levels for Banknifty: 34,000, 34,270, 34,480, 34,800 -- 35,250, 35,340, 35,680, 36,150
What's your nifty prediction banknifty prediction for tomorrow? What was your nifty banknifty trading like? Let's chat in the comments :)
Important Nifty levels and Banknifty levels for next week:
Levels for Nifty: 15,250, 15,270, 15,340, 15,385, 15,420, 15,431 (ATH) -- 15,480, 15,590
Levels for Banknifty: 34,000, 34,270, 34,480, 34,800 -- 35,250, 35,340, 35,680, 36,150
What's your nifty prediction banknifty prediction for tomorrow? What was your nifty banknifty trading like? Let's chat in the comments :)
