jrmishra5

Bank Nifty Target for Next Week

NSE:BANKNIFTY   Nifty Bank Index
Nifty Bank is hanging in between the Pivot of 52 Weeks, Where sentiments are bullish, but buyers are still awaited to go… If Market Stands above 40500 and sustained for 1 Hour Candle, Then the Target will be 40900 - 41000.

If Market breakout below 39250, Then Market will be seen red towards 38700 - 38500.

It’s looking Market is going red due to heavy short sell in major weightage stocks.
So, this is an advice to do trading in next expiration on expiry day.
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.