Pepeboy141

BANKNIFTY Long for Next Few Intraday Sessions

Long
NSE:BANKNIFTY   Nifty Bank Index
Banknify CMP is at 31264.05 as on 31st Dec. Based on the Chart pattern, Moving averages and global market views, Banknifty is expected to touch 32007 Mark in 1 or 2 trading days after which with minor corrections and any major corrections are expected once it crosses the trendline and 33000 mark only, if not doorway to 33500 and 34000 are opened with little corrections in between.

BANKNIFTY CMP - 31264.05
Expected Movement in 1-2 trading session- 32007
Major Correction once crosses 33000 with strong resistance on 32007.


Please Note- This is for educational purpose only dont take trade based on this information without consulting your financial advisor.
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.