Banknifty spot chart Analysis for 21.11.2022
Banknifty standing just below a strong resistance zone of 42508 to 42671.
if banknifty crosses above 42671 then it may also cross 42814 and may reach to the level of 42966.
between 42966 to 43113 is also an extremely strong resistance zone .
If Bank Nifty crosses over 43113 then it may reach 43266.
if banknifty moves down below 42349 then it may take support on 42191.
if banknifty crosses below 42199 then it may also cross 42041 and may reach to the level of 41887.
If banknifty crosses down 41887 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 42966 tomorrow and reach higher levels.
if banknifty crosses above 42671 then it may also cross 42814 and may reach to the level of 42966.
between 42966 to 43113 is also an extremely strong resistance zone .
If Bank Nifty crosses over 43113 then it may reach 43266.
if banknifty moves down below 42349 then it may take support on 42191.
if banknifty crosses below 42199 then it may also cross 42041 and may reach to the level of 41887.
If banknifty crosses down 41887 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 42966 tomorrow and reach higher levels.
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