Bank Nifty Weekly Analysis For 24-06-24 to 28-06-24

Bank Nifty Weekly Analysis For 24-06-24 to 28-06-24
52000 is the Resistance for next week.
Bank Nifty is in Overbought Zone. So be cautious in Long side.
Short Level is Below 51000(aggressive) for the targets of 50580/50080/49700.
Long only above 52000(Defensive approach) for 52480/52880.
Verdict: Sideways / Downside.

Trade closed: target reached:

Both Targets hit on Upside