Bank Nifty - Prediction & Intraday Levels for - 01 Aug 2023
Banknifty Prediction Tomorrow:
BNF looks very weak and No strength on the upside, also we have strong resistance around 45900/46000 where we can expect sharp sell pressure.
So changing my view towards BEAR side until BNF test hourly timeframe 200 EMA which is still pending to be tested.
If BNF reverses, we can expect 45100/45000 before expiry.
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
BNF looks very weak and No strength on the upside, also we have strong resistance around 45900/46000 where we can expect sharp sell pressure.
So changing my view towards BEAR side until BNF test hourly timeframe 200 EMA which is still pending to be tested.
If BNF reverses, we can expect 45100/45000 before expiry.
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Trade closed: target reached:
