BANKNIFTY Analysis-24-03-2023

Key level of Support to be observed at 39600

Note : If price opens Gap up and we also continue with the move to upside for targets 39950 and 40100 40200 again

(if price is not break the level 39900 and break 39400 ,if 39600 act as Resistance then only downside movement is expected.)

If Price is not able to break 40100 level again and 39900 level act as resistance
downside targets of 39600,39400 is to be observed.

Tomorrow Consolidates between 40100 and 39600 and breaks above for targets again 40200 and 40500.

Sell Plan :
If breaks 39400 and 39800 act as resistance then only sell plan .(until no plan of sell )