Bank Nifty has more upside Then Bank nifty
For tomorrow If Bank nifty opens Gap-up above 45400 then the market Can Come at 45150 For Retest and Then the Market go Upside.
If the market break again at 45000 then
More Downside Trand Possible up to 44900/44800
AS Per OI Data Market Big Support 44500 then 45000
and Upside 45500 Is a Resistance
NIFTY DAILY CHART SETUP WHAT WILL BE NEXT TREND SETUP NEXT FEW SESSION.
1. NiFTY bought from extreme oversold level 15800-16000 at this level two double bottom candle seen which indicates nifty bottom out at 15800-16000 level and from this level nifty at cmp 17287 around 1300 points upside seen which is strong upmove
2. last candle of nifty is breakout candle...
in normal condition stocks keep oscillating around it's big moving average like 100 or 200 days.
unless something terrifying happened,
i looked pnb and observed that this stock is very much respectful towards its old supports and resistance.
also it looks like it is moving upside i channel. and its target is 200 ema