Banknifty has been in a consolidation state since a long time and yesterday has taken an important support at levels of 33375 and given a positive bounce bank from this point ,
We can expect BN to continue the uptrend provided the market provides sufficient follow up buying through ,
Considering if the markets open in the positive , the Banknifty can be...
The market has been in a very sideway movement since a couple of trading sessions , we can expect that banknifty will look to test the level of 35891 ,
Following the previous day close , we can expect an uptrend on Banknifty for the initial opening stage , after which BN can again come into its consolidation phase and start trading in a sideway zone after...
As we look at the global markets which are giving a negative outlook ,
We can currently expect a downtrend on the banknifty charts as well following the previous day closing ,
Level of 36405 can act as a strong support for any bounce back rally , any break below the support levels , a short position can be created ,
Level of 37198 can act as a strong...