Nifty Bank IndexShort
Banknifty - Weekly Analysis Sep 2022 - BEARISH until 37900?
Banknifty Weekly Analysis,
Global cues are negative and SGX indicates Big Gap down more than 100 Points in Nifty on Monday.
Banknifty likely to Open at 39300 or below, 39250 is going to be the Strong Support level. If any Strong Buying momentum seen on the opening we can expect BULL run in Banknifty . If any weakness Support zone gets broken then Banknifty might fall more. Next support is only at 37800 zone only in Banknifty . On the Higher side we have Resistance at 39300 / 40600 levels
Global cues are negative and SGX indicates Big Gap down more than 100 Points in Nifty on Monday.
Banknifty likely to Open at 39300 or below, 39250 is going to be the Strong Support level. If any Strong Buying momentum seen on the opening we can expect BULL run in Banknifty . If any weakness Support zone gets broken then Banknifty might fall more. Next support is only at 37800 zone only in Banknifty . On the Higher side we have Resistance at 39300 / 40600 levels
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