Bank Nifty Future Quick 5 min Analysis - Jun 30 2021
BANKNIFTY1!
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral (resistance worked)
After sharp short covering rallies and good pull back seen. Shaking out some bullish sentiment. So now neutral view is been maintained. Though 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.
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral (resistance worked)
After sharp short covering rallies and good pull back seen. Shaking out some bullish sentiment. So now neutral view is been maintained. Though 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.