Nifty Bank Index

BANKNIFTY Analysis

Daily Time Frame: Dragonfly Doji (Bullish in nature but it's made on the middle of the trend so we will wait for confirmation)
RSI=53(Neutral) PCR=0.74(Bearish)
Ascending Triangle Pattern Breakout

Resistance Zone: 37500-37580
Upside Targets:38045-38150, 38280-38330, 38730-38780
Support Zone: 37095-37250
Downside Targets: 36800-36850, 36485-36545

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