rvbhatt

BANK NIFTY weekly analysis

NSE:BANKNIFTY   NIFTY BANK
Upside there is resistance @21950 and on downside there is major support @17000.

Looking at the RSI of the bank nifty , it can be say that BNF is in sideways zone for next few weeks, showing range bound between (17000-21950)

For 14th may expiry,
Supply zones @(20185-20360) / @(21130-21950)
Demand zones @(18700-18950) / @(17650-18100)
Resistance @ 21950
Major resistance @17000
Comment: Major support* @17000 (typo error)

Comments

"5000 POINTS" ! You're talking about. Wake up.
+1 Reply
rvbhatt harinderrsinghsidhu
@harinderrsinghsidhu, It seems you don't write options
Reply
Did you mean major support @ 17000?
+1 Reply
rvbhatt RamaSriram
@RamaSriram, Yes i mean major support (typo error)
Reply
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