Nifty/Banknifty - Your view 30th October 2017

Nifty for the week ending 27th October closed at 10323, up 1.7%. Bank Nifty closed at 24839, up 3.5%. Share and discuss your views on Nifty and Bank Nifty for October 30th.

On daily chart Nifty reaching overbought region, resistance being 10376, support seems to be 10200,
Bank nifty seems to be in a Range , Bank nifty needs to be close above 24900 & 25200 consistently on closing basis. On Bank nifty weekly chart, a rare " Double bottom " formation on momentum indicator is encouraging one., these are chart observations not recommendations :slightly_smiling_face:

My Observations Saying Nifty Will Touch All Time Hight Although Sustainably above All Time Hight is Questionable If Buying will Come It will Sustain Above All Time High.