BANKNIFTY FUTURES 06 JULY 2022
BANK NIFTY TODAY 06-07-22
Bank Nifty remained less volatile than Nifty, but i managed to predict the stops of Banknifty perfectly into my zones, u may have witnessed it today.
Started from above my zone of 33771 move up directly to zone 34090-34159, got strong supply giving retracement. Then consolidated on the same zone.
Got a good break out of the zone 34090-34159, moved directly to 34401-34467 zone, got stong supply retraced to previous zone of 34090-34159, and bounced back to 34401-34467 zone and closed there.
Power of ZONES
BANK NIFTY TOMORROW 07-07-22
As Bank Nifty tested 34400 levels thrice in two days, its now high time for the upmove. 34700 to 34900 levels are not very far from here as per my analysis.
Bank Nifty remained less volatile than Nifty, but i managed to predict the stops of Banknifty perfectly into my zones, u may have witnessed it today.
Started from above my zone of 33771 move up directly to zone 34090-34159, got strong supply giving retracement. Then consolidated on the same zone.
Got a good break out of the zone 34090-34159, moved directly to 34401-34467 zone, got stong supply retraced to previous zone of 34090-34159, and bounced back to 34401-34467 zone and closed there.
Power of ZONES
BANK NIFTY TOMORROW 07-07-22
As Bank Nifty tested 34400 levels thrice in two days, its now high time for the upmove. 34700 to 34900 levels are not very far from here as per my analysis.