Bank Nifty analysis for 6th FEB'2024

NSE:BANKNIFTY   Nifty Bank Index
Bank nifty traded in a range between 46000 to 45600 today buyers were holding support but no momemtum from buyers end today tried twice to break 46000 but failed!

Major support at 45600 if breaks tomorrow seller can take it to 45300 addtion to that banknifty was showing weakness after 2 pm today & traded below trendline support.

Buyer can show momentum above 46100 - 46200, Tomorrow may be trend day or wide range day.

Support : 45300,45000
Resistance : 46100, 46300

Note : Do your own analysis before making any trade or invesment decesion.

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