BANK NIFTY Posted for 29.07.2022 it will test 39753. And it had exactly tested 39753 with a Gap up opening and closed at 37491.
29.07.2022 Gap had been filled the same day but the Gap it had created up to 36800 still to be filled.
01.08.2022 Bank Nifty could be in Range bound because up to 36800 Gap still to be filled and on the other side Nifty 50 had broken 17090 level.
Nifty 50 might face retracement as it has broken previous resistance at 17090.
Considering bearish candle for Bank Nifty and Bullish candle for Nifty 50 anticipating a Range Bound.
However lets see how the market progress on Monday.
Happy Weekend and a Profitable Trading to all....
29.07.2022 Gap had been filled the same day but the Gap it had created up to 36800 still to be filled.
01.08.2022 Bank Nifty could be in Range bound because up to 36800 Gap still to be filled and on the other side Nifty 50 had broken 17090 level.
Nifty 50 might face retracement as it has broken previous resistance at 17090.
Considering bearish candle for Bank Nifty and Bullish candle for Nifty 50 anticipating a Range Bound.
However lets see how the market progress on Monday.
Happy Weekend and a Profitable Trading to all....