BANKNIFTY Index has resistance near 58300 – 58400 range and if index crosses and sustains above this level then may reach near 58800 – 58900 range.
Banknifty has immediate support near 57500 - 57400 range and if this support is broken then index may tank near 57000 - 56900 range.
The market is expected to be range-bound for the next couple of days, with a decisive move on either side anticipated after the Bihar Election result outcome which is scheduled on Friday.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.