Nifty Bank IndexShort
BANKNIFTY: 24074,Below 24030 Supports are 23975_ 23876 & 23823
Banknifty' is also forming an impulsive pattern in correction,
expecting more down side move,and only a trade sustain
above 24150 can hope for an up side this week.
Remember we are in a major Bull market and this is only a correction,
expecting a 38.2 % ie:22400 in BN and 9300 in Nifty' let us see what market says.
Above 24150 toady’s Resistance 24174_24197 & 24273
Weekly above 24167 BN Resistance will be 24224_24271_ 24317 & 24467
Weekly below 23980 BN Supports will be 23924_23878_23832 & 23682
Monthly above 24260 BN Resistances will be 24327& 24470
Monthly below 24100 BN Supports 23840 _23730 _ 23610 & 23492
expecting more down side move,and only a trade sustain
above 24150 can hope for an up side this week.
Remember we are in a major Bull market and this is only a correction,
expecting a 38.2 % ie:22400 in BN and 9300 in Nifty' let us see what market says.
Above 24150 toady’s Resistance 24174_24197 & 24273
Weekly above 24167 BN Resistance will be 24224_24271_ 24317 & 24467
Weekly below 23980 BN Supports will be 23924_23878_23832 & 23682
Monthly above 24260 BN Resistances will be 24327& 24470
Monthly below 24100 BN Supports 23840 _23730 _ 23610 & 23492
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