BankNifty' is trading at a channel resistance with indicators over bought, doesn’t show any weakness, same way MACD also looks very bullish, expecting a target 26366 this week, where as, if the boarder market is bearish due to external reasons BN will have support at 25395. BankNifty': 25651 Day Pivot: 25580 Above 25759 today’s Resistances are 25826 25934 26042 26109 Below 25543 today’s Supports are 25476 25368 25259 25193
Weekly Pivot: 25385 Weekly above 25848 BankNifty’ Resist: will be 25971 26168 26366 26488 Weekly below 25453 BankNifty’ Supports will be 25331 25133 24935 24813
Monthly Pivot: 24706 Monthly above 25353 BankNifty’ Resist: will be 25560 25894 26228 26434 Monthly below 24685 BankNifty’ Supports will be 24479 24145 23811 23605
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