My Bank Nifty view as on 10th Sept, 2020
Current Bank Nifty in downtrend but look like a new bottom has been formed at 22077. Now it is expected to go high. While
moving upward BnF may face resistance at the following levels:
1) 22664
2) 23055
3) 23484
On the lower side, if BnF manages to slip further it has immediate support at 22422. If BnF breaksdown the said level, then
it may face support at following levels:
1) 22225 (today's low)
2) 22077
3) 21874
4) 21445
NOTE: The above statement is purely for education purpose only.
moving upward BnF may face resistance at the following levels:
1) 22664
2) 23055
3) 23484
On the lower side, if BnF manages to slip further it has immediate support at 22422. If BnF breaksdown the said level, then
it may face support at following levels:
1) 22225 (today's low)
2) 22077
3) 21874
4) 21445
NOTE: The above statement is purely for education purpose only.
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