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Banknifty Spot chart analysis for 21.07.2022

NSE:BANKNIFTY   Nifty Bank Index
Banknifty standing in betwwen strong resistance 0f 36086.

if banknifty crosses over 36086 then it may reach to the level of 36292.

between 36292 to 36482 is also an extremely strong resistance zone.

If Bank Nifty crosses over 36482 then it may also cross 36663 and may reach to the level of 36854.


if banknifty crosses dow below 35934 then it may take support on 35722.

if banknifty crosses down below 35722 then it may also cross 35510 and may reach to the level of 35304.

If banknifty crosses down 35304 then it take bounce back from bounce back zone.

it is highly unlikely that banknifty will cross 36854 tomorrow and reach higher levels.

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