Banknifty Prediction and levels for 23rd August
Primary Trend in Bank Nifty Futures- Negative
Range-Bound Trend of Bank Nifty Future: All up Moves can Initiate Profit Booking @ 44250 whereas All Down Moves can Initiate Short Covering @ 43900
Suppose the Aug series Bank Nifty futures Moves Above 44155 and sustain, then you could see a 1st Target of 44220 during the day with a Stop Loss of 44090. During the day Bank Nifty futures could trade for the target of 44220- 44340- 44415
If the Bank Nifty futures (Aug Series) Moves Below 43980 and sustain, then you could see a 1st Target of 43900 levels in a day with a Stop Loss of 44050. During the day Bank Nifty futures could trade for the target of 43900- 43825- 43760
Range-Bound Trend of Bank Nifty Future: All up Moves can Initiate Profit Booking @ 44250 whereas All Down Moves can Initiate Short Covering @ 43900
Suppose the Aug series Bank Nifty futures Moves Above 44155 and sustain, then you could see a 1st Target of 44220 during the day with a Stop Loss of 44090. During the day Bank Nifty futures could trade for the target of 44220- 44340- 44415
If the Bank Nifty futures (Aug Series) Moves Below 43980 and sustain, then you could see a 1st Target of 43900 levels in a day with a Stop Loss of 44050. During the day Bank Nifty futures could trade for the target of 43900- 43825- 43760
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.