#BANKNIFTY view for this Week

Jan 17, 2021

#BANKNIFTY view for this week - Look for Opportunities to go LONG.
Details mentioned on chart.

Jan 21, 2021

Note

#BANKNIFTY since this post BANKNIFTY made a new high. We may face resistance near by. Hence important to observe the price movement in coming days.
32845-32604 is immediate resistance zone. Needs to sustain above these levels for further upmove.
31983-31905, 31660, 31510 is immediate support zones. Sustaining below this level will lead to profit booking. On downside refer the levels shared in chart.

#PVTBANKS be cautious on Private Banks. We may witness some profit booking.

Jan 31, 2021

Note

#BANKNIFTY on Friday session tried to cross 30710-30930 but failed and closed below this zone. On downside has supports at 29715-29625, 29030-28840, 28390-28290 levels. Price needs to be observed around these zones.