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BANK NIFTY ANALYSIS FOR A WEEK USING PRICE ACTION AND ZONES

Long
NSE:BANKNIFTY   Nifty Bank Index
Bank nifty has broken 23125 as marked which was acting as resistance most of time in past now the range to look for buying will be 23189-22255 as it a okaish demand zone which can also act as a support , further if 22255 is broken we can see a fall of almost 900 points. but from there we can eye for longs at various levels as marked in the charts i.e 21410 , 21050, 20550 with sl of 19490

so its basically buy Bank Nifty of Dips for some massive up moves of 25000, 26000 in span of 5-7 weeks if 23189-22255 range isn't broken bulls will be in-charge

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