Nifty Bank & Nifty analysis

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Nifty Bank & Nifty analysis

Common for Both -Trading below 10 SMA,Both have formed large bearish anchor,Both trading below Anchor points,Both has not got bullish follow thru above anchor column and in correction

Level wise analysis

Bank nifty -Anchor point resistance
@43850
,Bearish anchor column negation
@44650
Bearish breakout follow thru below 422235 for 40136-38085

Nifty-Anchor point resistance
@19420
,Bearish anchor column negation
@19813
Bearish breakout follow thru below 18846 for 17981-17139

No biasness Only levels to act upon

Be open minded & adaptive

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