The levels are mentioned on the chart. The Bank Nifty weekly range is 52000–54000. The important support is 52800.
The Bank Nifty will be bullish until it stays above 53300. The Bank Nifty will be in the neutral zone between 52800 to 53300. The Bank Nifty will be weak only below 52800.
Weekly Target on the buy side is: (above 53300)
Target 1 is 53600, Target 2 is 53900-54000
The weekly Target on the sell-side is : (below 52800.)
Target 1 is 52500 and Target 2 is 52000.
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