BankNifty analysis -
1. 34000 - BUYING ZONE.
2. 39000 - MAJOR RESISTANCE.
3. Took support from 34000 as expected and explained in linked BANKNIFTY analysis idea.
Up Move expected to continue to 39000 level.
4. 36700 - GAP, likely to be filled. Next level 38000.
5. BUY if trades above 36700. Target 38000, 39000.
1. 34000 - BUYING ZONE.
2. 39000 - MAJOR RESISTANCE.
3. Took support from 34000 as expected and explained in linked BANKNIFTY analysis idea.
Up Move expected to continue to 39000 level.
4. 36700 - GAP, likely to be filled. Next level 38000.
5. BUY if trades above 36700. Target 38000, 39000.