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BharatJhunjhunwala

Above 31880 levels may act as resistance, giving away supports

Nifty Bank Index (NSE:BANKNIFTY)  
BharatJhunjhunwala  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Technical Indicators Chart Patterns BANKNIFTY bharatjhunjhunwala prorsi options-strategy
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trendanalysis indicator chartpattern banknifty bharatjhunjhunwala prorsi options-strategy
The index closed at a very important level. 30800 level may provide support to the index. The RSI is into neutral zone (a momentum weakness is eminent ) The MACD is below the zero line indicating weakness. Above 31880 levels may act as resistance, giving away supports below 30800 may push the banknifty to 30070, 29630 & 28950.
Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
www.prorsi.com
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