Nifty/BankNifty Market Analysis march30 2021

weekly and monthly momentum still remaining in the rsi bullish zone. Daily momentum dipped and climbed back to sideways in the last trading session.Daily ADX rising bearishness in very short term and weekly trend direction movement had earlier crossed over to negative zones but with ADX falling not rising, while monthly trend still indicate it is upwards in the long term.Major window gap support and M candlestick pattern neckline was broken on last Thursday with swing low of 14264 but market has not yet closed below this same gap yet when Friday it managed to climb a bit up indicating the it could still be a support. The FIB 50 support also hold good.