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BANKNIFTY INDEX PRICE ACTION EXPECTATED FOR THE DAY

NSE:BANKNIFTY   Nifty Bank Index


-BANKNIFTY MADE A "INSIDE BAR" YESTERDAY
-BANKNIFTY YESTERDAY CLOSED THE GAP BETWEEN 22475-227750
-AFTER CLOSING GAP IT CAME BACK AND TOOK SUPPORT @22450
-BANKNIFTY HAS A BIG TRADING RANGE OF 21000-23070
-BANKNIFTY IS TAKING SUPPORT ON NEW FORMED TRENDLINE
-IF BREACHED WE ARE MOVING TOWARDS 21000
-WE HAVE ALMOST REACHED HAVE OF IT MORE PAIN FURTHER ON THE DOWNSIDE
-CRUCIAL SUPPORT PLACED @22115
-CRUCIAL RESISTANCE PLACED @22800
-AVOID INDEX TRADING FOR THE DAY

RESISTANCE FOR THE DAY (FUT)
22650-22800-23035
SUPPORT FOR THE DAY (FUT)
22115-22245-22450

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