Nifty, Bank Nifty Weekly Analysis | Bears Taking Control, Key Levels to Watch | 16th - 22nd March
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In this video, Mukta Dhamankar shares her weekly view on Nifty and Bank Nifty using the Renko chart. She first looks at market breadth to understand whether the market is overbought or oversold and to check the overall strength of the trend.
Then she breaks down price action across multiple timeframes to mark important support and resistance levels for Nifty and Bank Nifty in the coming week.
This video will help traders plan their trades in with more clarity and better preparation.
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Time Stamps:
00:00 Preview
00:50 Introduction
02:35 Breadth analysis of Nifty and Bank Nifty
03:50 Multi-time frame analysis of Nifty 50 using Renko chart
06:55 Multi-time frame analysis of Bank Nifty using Renko chart
08:55 Conclusion
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