Today BankNifty opened with a gap-up around 46500 which was also a major resistance zone as we mentioned and we saw morning selling towards 46260 odd levels where BankNifty took support and gave a bounce back but overall it was a range-bound day.
For tomorrow, BankNifty has to sustain above 46550 for further upside which can take BankNifty towards 46670 and upper marked levels.
On the other side, if BankNifty breaks 46200 on downside, we expect to see 46080 and below marked levels on the chart.
Expectations: Volatile day.
Intraday Levels:
Buy Above - 46550
Sell Below - 46200
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
For tomorrow, BankNifty has to sustain above 46550 for further upside which can take BankNifty towards 46670 and upper marked levels.
On the other side, if BankNifty breaks 46200 on downside, we expect to see 46080 and below marked levels on the chart.
Expectations: Volatile day.
Intraday Levels:
Buy Above - 46550
Sell Below - 46200
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
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Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
