Banknifty Trend analysis
Updated
On chart i have marked major buying/demand zone and selling/supply zone.
BankNifty index is moving between major demand (Low -29686) & supply zone (High -37709 ) which plotted by rectangle box.
For buying 33609-33250 or 32455-32095 zones are important. Let see for where market turn around for next big move.
We seen two bullish rally on February and April-June. Next rally we can expect upto mid of August.
BankNifty index is moving between major demand (Low -29686) & supply zone (High -37709 ) which plotted by rectangle box.
For buying 33609-33250 or 32455-32095 zones are important. Let see for where market turn around for next big move.
We seen two bullish rally on February and April-June. Next rally we can expect upto mid of August.
Note
If price sustain over last demand zone then soon see breakout.Note
If price sustain over last demand zone then soon see breakoutTrade active
tomorrow we can see correction bcz of supply zone and than final breakout
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