NSE: BANKNIFTY WEEKLY WRAPUP 25-04-20

Summary – BNF is in a range with a weak down move. Looks like buyers are coming in as key support are not even tested. We wait for market give clear direction in higher timeframe.

Daily Timeframe

Range was identified in last weekend wrapup. BNF continued to move in the range. A breakout will ensure further direction. The attempt to move down was a weak one. Prices seems to receive support

Hourly TF

Range narrowed down this week with no clear direction

15 min TF

A typical range move. We let market give us further directon.

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Rikk

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