Stockupy

BANKNIFTY WEEKLY ANALYSIS (23/7/21)

NSE:BANKNIFTY   Nifty Bank Index
Key takeaways:

-Bank Nifty formed a doji type candle in weekly chart and closed near the upper range of the candle with closing of price above 35000 on spot chart
-The price has converged like nifty between lower trendline and upper trendline
-35500-35800 is the nearest resistance for BNF
-BNF also touched down and took support from lower trendline of nifty

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.