Wealthcam

BANKNIFTY is yet to decide its new trend

NSE:BANKNIFTY   Nifty Bank Index
As we analysed we did analysed this great recovery from 34000 and reached till 34500 which is also a psychological level and got rejected from that very level making it a very crucial range and hence if it opens strong and sustains above 34000 we can still look for buying! on the other hand if opens big gap down then 35000 will act as a great Resistance and we can see a fall till 32000 in upcoming trading sessions in banknifty

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.