Let me tell you that the Bank nifty is in the consolidation zone after the big upmove in recent days.
Now it is necessary to understand the today's levels.
Major Resistance: 35494
If the index breaks 35494 levels in today's trading session then we can see the index for the gains to the next resistance 35566
Major Support: 35627
If the index breaks its support given above then the next level is 35108.
After forming the rounding bottom pattern the index is sustaining in the consolidation zone.
That is why, today levels are important.
GOOD LUCK TRADERS
Now it is necessary to understand the today's levels.
Major Resistance: 35494
If the index breaks 35494 levels in today's trading session then we can see the index for the gains to the next resistance 35566
Major Support: 35627
If the index breaks its support given above then the next level is 35108.
After forming the rounding bottom pattern the index is sustaining in the consolidation zone.
That is why, today levels are important.
GOOD LUCK TRADERS