Nifty futures has been in complete range for most of April within the 6000 and 5700 levels.
But on weekly basis the index has maintained the support.
There is a bullish flag formation on the index which and the index is still trading above the breakout levels which is the bullish sign. See Post here.
The color as we start the week:
Weekly Daily
Nifty Buy Neutral Buy color on index close above 5900 levels.
Bank Nifty Buy Buy Lev Buy color on close above 12000 levels.
But on weekly basis the index has maintained the support.
There is a bullish flag formation on the index which and the index is still trading above the breakout levels which is the bullish sign. See Post here.
The color as we start the week:
Weekly Daily
Nifty Buy Neutral Buy color on index close above 5900 levels.
Bank Nifty Buy Buy Lev Buy color on close above 12000 levels.
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