Wealthcam

BANKNIFTY at its very important SUPPORT

NSE:BANKNIFTY   Nifty Bank Index
As we can see BANKNIFTY finally reached its strong demand zone and a psychological level of 41500 and closed above given level now we can expect BANKNIFTY to open strong tomorrow and if fails to open strong and opens around 41500 level, any signs of reversal around this area, new buying position can be made but if fails to sustain itself above 41500 level then we can see crash like scenario coming up in BANKNIFTY anytime sooner so keep watching everyone

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.