Today BankNifty opened with a gap-up above physiological level of 47000 but faced resistance at 47200 - 47250 zone and we saw selling towards 46850 zone and after that BankNifty was trading in a small zone for entire day.
For tomorrow, BankNifty has to sustain above 47160 for further upside which can take BankNifty towards 47270 and upper marked levels.
On the other side, if BankNifty breaks 46750 on downside, we expect to see 46630 and below marked levels on the chart.
Expectations: Volatile day.
Intraday Levels:
Buy Above - 47160
Sell Below - 46750
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
For tomorrow, BankNifty has to sustain above 47160 for further upside which can take BankNifty towards 47270 and upper marked levels.
On the other side, if BankNifty breaks 46750 on downside, we expect to see 46630 and below marked levels on the chart.
Expectations: Volatile day.
Intraday Levels:
Buy Above - 47160
Sell Below - 46750
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
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Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
