we will see out performance in Nifty as compared to BankNIfty.
Banknifty Future today may open near 41400. If BNF sustained below 41410, 41262 is first target, 40990 is second target.
If 40990 breaks in second half, then next target is 40836. but if it is tested 40836 sentiments may go in the negative zone. But bulls are in control now, so, from the 40990 level it may again bounce back towards 41420 & 41650. All level is mentioned here in future.
PCR is 1.07 (PCR below 0.78 and above 1.3 lead to trending moves, and in between leads to range-bound markets.)
Banknifty Future today may open near 41400. If BNF sustained below 41410, 41262 is first target, 40990 is second target.
If 40990 breaks in second half, then next target is 40836. but if it is tested 40836 sentiments may go in the negative zone. But bulls are in control now, so, from the 40990 level it may again bounce back towards 41420 & 41650. All level is mentioned here in future.
PCR is 1.07 (PCR below 0.78 and above 1.3 lead to trending moves, and in between leads to range-bound markets.)
Trade closed: target reached
1st target hitTrade closed: target reached
All target hitNote
Banknifty takes exactly support at bold line
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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.