Will Market Recover? Key Levels to Watch (9th – 15th 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
00:39 Introduction
02:45 Market analysis of the previous week
05:35 Breadth analysis of Nifty and Bank Nifty
06:20 Multi-time frame analysis of Bank Nifty using Renko chart
08:30 Multi-time frame analysis of Nifty 50 using Renko chart
09:30 Conclusion
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