Wealthcam

Tomorrow’s opening is going to be really important

NSE:BANKNIFTY   Nifty Bank Index
As we can see BANKNIFTY opened exactly around the resistance and showed a good rejection with over 200++ points downfall but it eventually recovered in the second half and closed around its opening price which is a good resistance hence we have previously discussed about the given levels being an important resistance so we may expect BANKNIFTY to again reject at given levels if opens below the zone else if opens strong then we can expect another 200-300 points upmove in BANKNIFTY before falling down so keep watching everyone

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.