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ajinkyadiwakar717

BANK NIFTY TARGETS based on important support resistance levels

Nifty Bank Index (NSE:BANKNIFTY)  
ajinkyadiwakar717 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns bnffuture bnfanalysis bnfnextmove bankniftytradesetup BANKNIFTY bankniftyview bankniftytrend bankniftyanalysis bankniftylevels
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trendanalysis chartpattern bnffuture bnfanalysis bnfnextmove bankniftytradesetup banknifty bankniftyview bankniftytrend bankniftyanalysis bankniftylevels
BANKNIFTY banknifty is approaching the crucial trendline of daily timeframe from which we have been getting huge corrective moves everytime bank nifty touched the trendline in past,

current resistance zone of bank nifty is between 40690/40839. above that zone next resistance is very important is it collides with the trendline and can possibly trigger the next corrective fall if respected by banknifty, next and crucial resistance zone is between 41100/41208, max 41292,

if bank nifty breaks the crucial resistance zone then it will be breaking the trendline as well if that happens then we can see arget of 41600/41700levels in next 2 days after retesting the resistance levels as support.
Comment:
#banknifty tested the resistance level of 40839 and gave closing below it, be carefull for next couple of days to get clerar idea about trend reversal or breakout of trendline.
Comment:
bank nifty reaching the 41100/41200 resistance zone, keep watch
Comment:
bak nifty hits next resistabce zone of 41208/41292, strong upmove into the trendline
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