Nifty Bank Index

BANK NIFTY 7 DECENBER 2023

UPSIDE:
After taking resistance from 47237 for two coscutive days if it breaks 47237, and breaks 47373(Yearly pivot resisstance YR1),and also breaks 47476. Then an intraday move can be seen upside to 47999-48000

Above 47476 expecting upside momentum to 47499-48000

DOWNSIDE:
46474 a support, strong support remains 46285,will look for buying setup near 46474,46285,46121


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