Bank Nifty - Critical Zone 18050 - 18200

5 Jan 2017

Bank Nifty is in crucial support zone. The lines in red 18050 to 18200 indicates the importance of the zone. Blue dotted lines shows long term support zone. Bank Nifty should move above all these lines to show it is back for the game. Many traders will have a doubt, this chart shows Head & Shoulders pattern, but still it didnt fall down. Its because price action is above the longhttps://in.tradingview.com/chart/QtD56IkU/ term support zone(blue dotted lines).