Nifty Bank IndexLong
Bank Nifty Weekly Analysis for 23-01-23 to 27-01-23.
Updated
Bank Nifty Weekly Analysis for 23-01-23 to 27-01-23.
42700-42900 is major Resistance for Bank Nifty this week.
41569-41729 is Important Support for Bank Nifty this week.
Index may be Volatile ahead of union budget on Feb 1st.
BankNifty is in range between 41700-42700 for the past 10 days and we may expect the same this week.
We may see a trending move after the Budget.
If Bank Nifty Sustains above 42716, Upside Targets are 43080/43366.
If Bank Nifty trades below 41729, Downside Targets are 41569/40742.
42700-42900 is major Resistance for Bank Nifty this week.
41569-41729 is Important Support for Bank Nifty this week.
Index may be Volatile ahead of union budget on Feb 1st.
BankNifty is in range between 41700-42700 for the past 10 days and we may expect the same this week.
We may see a trending move after the Budget.
If Bank Nifty Sustains above 42716, Upside Targets are 43080/43366.
If Bank Nifty trades below 41729, Downside Targets are 41569/40742.
Trade closed: target reached
Target Hit
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