hiteshdas18

hiteshdas18 Updated 

These are the Levels to Lookout for BANKNIFTY for the upcoming week i.e., from 23rd Jan to 28th January 2023. These levels are derived from the Volume Profile Analysis and should be monitored on 30 Minutes Timeframe! Since BANKNIFTY Index is not a Tradable instrument, we need to check on the Future chart. All the Levels are Marked on the Banknifty Future Chart.

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Today the Nifty closed above 15160-15170 Zone which is a Strong S/R Zone. RSI is at Trending Zone. Nifty made Day High @ 15188.50 which can act as a Resistance for Tomorrow. So if NIFTY Breaks 15190 and Sustains above it, it can go up to 15250.