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KaustavHazra

BANKNIFTY FOR 08 JAN

Nifty Bank Index (NSE:BANKNIFTY)  
KaustavHazra  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators niftybank niftybankanalysis bankniftytradesetup bankniftylevels
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trendanalysis chartpattern indicator niftybank niftybankanalysis bankniftytradesetup bankniftylevels
Resistance Level-
Resistance 1: 48185
Resistance 2: 48373
Resistance 3: 48594.45

Support Level-
Support 1: 47887
Support 1: 47677

Between 47887 to 48373 don't aggressive . After 48372 breakout you can see a good move till at least 48594 level .

Scenario Happen:
  • Market will open between 47887 - 48373 then it will be side base market.
  • If open below trendline ( near 47897 )then a down move we can see till 47677 level.
  • If open near about 48400 and make green candle then wait for settle between 48373-48400. we will bullish for intraday basis.
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Thanks & regards,
Kaustav Hazra
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