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Dinesh_C_Nagpal
Aug 2, 2020 3:26 PM

NIFTY & BANKNIFTY Education

Nifty Bank IndexNSE

Description

Nifty:
Monthly range 11350-10725
Weekly support 11050 resistance 11350/11475/11750
Daily support 11000/10850 resistance 11300
Hourly Butterfly at 11025, if it fails to hold then 10900 likely.

Bank Nifty:
21000 crucial level for any attempt to bounce/reverse back for 22700 and above that rally till 23750-24000
Comments
KunalKhanna
Do you think Banknifty will go below 20500 this week?
Dinesh_C_Nagpal
@KunalKhanna, for that it must break 21000 and sustain below it. That would give a triangle breakdown
ravichannarayappa69
Hi
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