After being trending, BANKNIFTY remained sideways as expected and analysed now BANKNIFTY has been trading at very crucial range of 1000 points and hence for further trend to decide BANKNIFTY has to breach and sustain on either levels
First level being important psychological level and resistance being 35100 and important support being 34000
Unless this range is broken either side we cannot decide the further trend and as soon as these levels are beached we can expect quick 200-300 points move either side
First level being important psychological level and resistance being 35100 and important support being 34000
Unless this range is broken either side we cannot decide the further trend and as soon as these levels are beached we can expect quick 200-300 points move either side