Nifty Bank IndexShort
Bank Nifty Weekly Analysis For 06-05-24 to 10-05-24
Bank Nifty Weekly Analysis For 06-05-24 to 10-05-24
49500-49980 is Major Resistance For Bank Nifty.
48500 is the Support for Bank Nifty Next week.
48500-49500 is the Range for Bank Nifty Next Week.
Best trade set up for monday is, If bank nifty recovers and retests 49500,
short from top for the targets of 49000/48600.
If bank nifty breaks and trades below 48500, Downside targets are 48080/47780.
Long Only above 5000.
Verdict: Volatile Market.
49500-49980 is Major Resistance For Bank Nifty.
48500 is the Support for Bank Nifty Next week.
48500-49500 is the Range for Bank Nifty Next Week.
Best trade set up for monday is, If bank nifty recovers and retests 49500,
short from top for the targets of 49000/48600.
If bank nifty breaks and trades below 48500, Downside targets are 48080/47780.
Long Only above 5000.
Verdict: Volatile Market.
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