Banknifty has formed a tight flag pattern after breaking the resistance of 39900, now resistance for banknifty stands at 40500. Support is at 39900, if index breaks this support then it'll fall in the trading range of 39400 - 39900.
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.