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.