Banknifty in 1hr candel.. let's see how the levels are supported in the coming sessions
Nifty50 will perform bullish after this long consolidation in range bound month. In august we can see 16k cross nifty50.
Banknifty is facing a resistance of 35364, which likely to break in this coming sessions.
Nifty50 facing resistance of 15901, which is likely to break in this coming sessions
Important levels updated market is in range bound keep booking profits and regular watch your holdings
Important levels updated
Nifty50 was up trend only, as in chart we see our upper trend line is respected in the past session. we can expect market will came to our 7 day moving average in this week.
As our lower line respected previously, now in up coming session we expect to support those trend lines. all levels same banknifty is in range bond only