Bank Nifty Analysis 17th Jan'24As mentioned previously avoid and beware of false break outs and traps same happend today in morning unable to break 48280 to 42300 false breakout and then back to days low at 48000
Stills looks buyer have controlled from falling below 48000. looks tomorrow may have gap opening in Bank nifty.
See Bank nifty also making range between support & resistance keep eye on opening for tomorrow also expiry may turned out to be trend day.
Support 48000
Resistance 48200 to 42300
