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Bank Nifty - Weekly Review March 26 to March 30

Nifty Bank Index (NSE:BANKNIFTY)  
vanathi Mod Updated   
NSE:BANKNIFTY   Nifty Bank Index
Support and Resistance Parallel Channel
12
0
supportandresistance parallelchannel
Price action is having resistance at the levels 23900 - 23950. If it sustains this level it will move towards 24050. 24050 - 24100 will act as the strong resistance level. Price action is bearish below 23720 for the targets 23560, 23320, 23180 and 23000.
Comment:
Moving towards the upper trend line of the descending channel.
snapshot
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