My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
March 19, 2015
BANK Nifty weekly chart analysis
Price near major support levels like 20 week SMA and Rising up trend line.
For bigger up moves to happen the levels shown with two bearish candles must be crossed. Two bearish candles suggest weakness near this level. Repeated failed attempts to close above this level may give hope for bears.