Banknifty Daily Analysis
BankNifty is trading in rising channel. The angle of channel is slightly steeper, near support and resistance are the channel's upper and lower band. Multiple support levels for the index stood at 40500 - 40200 - 39900. While on the upside "IF" BankNifty continues the current momentum then we can see 40900 level.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.