Nifty Bank IndexShort
Bank Nifty Weekly Analysis For 03-10-23 to 06-10-23
Bank Nifty Weekly Analysis For 03-10-23 to 06-10-23
45250-45500 is the Major Resistance For Bank Nifty Next Week.
43990-44180 is the Important Support For Bank Nifty Next Week.
Below 43990, we will see continuation of current downtrend and short side targets are 43600/43080.
Long only above 44800 for the targets of 45080/45480,
But our approach should be conservative on the Long side as it is against the Daily trend.
Above 45500, the current Downtrend gets Invalid and we may see a new Impulse move on the upside.
45250-45500 is the Major Resistance For Bank Nifty Next Week.
43990-44180 is the Important Support For Bank Nifty Next Week.
Below 43990, we will see continuation of current downtrend and short side targets are 43600/43080.
Long only above 44800 for the targets of 45080/45480,
But our approach should be conservative on the Long side as it is against the Daily trend.
Above 45500, the current Downtrend gets Invalid and we may see a new Impulse move on the upside.
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