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VigneshkumarR
May 5, 2021 3:41 AM

Will Banknifty continue to fall even today? Know the answer 

Nifty Bank IndexNSE

Description

Hello Friends! Good Morning
Banknifty Analysis for today
> PCR is below 1.25 in banknifty.
> OI Support is @ 32000 and OI resistance @ 33000
> Fii sold less compared to day before yesterday and dii have more interest now in the cash market.
Fii sold very less in the index future.
> European market and US market are down. Asia is getting pull back in some places.
> Covid case on 3rd was around 3,60,000.
> Market is very skeptical about moving higher. Market is less likely to break the yesterdays high. Watch the resistance and support on the chart and plan your trade.

Stay safe! Wish you more profit!
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