Bank Nifty Analysis for 02-01-23 to 06-01-23.
42500 is Weekly Support For Bank Nifty.
43500 is Weekly Resistance for Bank Nifty.
We can see a major move only if Index Breaks either Support/Resistance. We may see a Sideways market between these Levels.
If BankNifty Sustains above 43500, more Upside & Targets are 43930/44488.
If BankNifty breaks 42500, more Downside & Targets are 41980/41569.
42500 is Weekly Support For Bank Nifty.
43500 is Weekly Resistance for Bank Nifty.
We can see a major move only if Index Breaks either Support/Resistance. We may see a Sideways market between these Levels.
If BankNifty Sustains above 43500, more Upside & Targets are 43930/44488.
If BankNifty breaks 42500, more Downside & Targets are 41980/41569.
Trade closed: target reached
Target Hit
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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.
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.