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Wealthcam
May 10, 2022 4:16 PM

BANKNIFTY still in consolidation  

Nifty Bank IndexNSE

Description

As we can see BANKNIFTY is still in range but we can clearly see 34000 being an important psychological level also acting as a strong demand zone! Morever we can see a gap which is yet to fill till 35100 ! hence we can keep buying until it sustains above 34000, else if broken this level can act as a great resistance and there is a space till 32000 for banknifty to fall
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