Bank Nifty Weekly Analysis - Important Level will Hold or Not

In previous week Bank Nifty filled the one pending gap @ 31800-31870. After all time high BNF is making lower low and higher low.
In this week important 1st important level to hold is 31050-31150 and 2nd is 30600-30650. Below 30600-30650 it may test 30350-30400-30450 which is a next strong demand zone .
If BNF will hold 31050 and 30600 then it may trade sideways or sideways to positive. In this week BNF may stronger then NF.
In this week I will focus on Option writing instead of Future trading.

Trade Well


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