Market Movers - BN & Nifty

First we will see about nifty. Price is @ trend line support now. Bullish above 17200 for the targets 17240,17280,17320 and 17380. Bearish below 17150 for the targets 17110,17060,17020, 16980, 16920 and 16880. All are spot prices. Banknifty has formed a descending triangle. Bullish above 36060 for the targets 36200,36380, 36500,36720, 36940, 37020 and 37200. Bearish below 35960 for the targets 35800, 35640, 35480, 35300, 35140, 35020 and 34880.. Spot prices.

 Hey guys, sorry for not updating the analysis for few weeks. Now Russia - Ukaraine war tensions are reducing and market is not much volatile. We got so many good movement from market recently. Hope you all have made use of it.  Now we will see about Nifty. Bullish above 17520 for the targets 17560, 17600, 17640, 17680 and 17720. Bearish below 17480 for the targets 17420, 17380, 17340, 17280, 17240 and 17200. 17000 will act as a strong support if nifty falls below 17200.  Next we will see about bank nifty. Bullish above 37360 for the targets 37480, 37600, 37740, 37880, 37900, 38020, 38200 and 38340. Bearish below 37260 for the targets 37100, 37000, 36860, 36700, 36540, 36400, 36260 and 36060.