Banknifty - Prediction & Weekly Analysis for - 22 May 2023
Bank Nifty Analysis for Coming Week:
Trend - BULLISH
Bank Nifty trading inside the descending channel. Before going further upside 43700 Support zone will get tested.
Crucial Support Levels are : 43750 / 43535 on the lower side where BUY entry can be initiated.
Resistance levels are - 44100 / 44600
If BNf closes above the Upper channel, 44500 / 44600 will be the Target for this Week.
SELL entry only if Closes below 43450 level.
Trend - BULLISH
Bank Nifty trading inside the descending channel. Before going further upside 43700 Support zone will get tested.
Crucial Support Levels are : 43750 / 43535 on the lower side where BUY entry can be initiated.
Resistance levels are - 44100 / 44600
If BNf closes above the Upper channel, 44500 / 44600 will be the Target for this Week.
SELL entry only if Closes below 43450 level.
Don't forget to Follow me..
Join my telegram
Telegram Channel Link - t.me/viventraders
Join my telegram
Telegram Channel Link - t.me/viventraders
Related publications
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.