Banknifty Spot chart analysis for 27.07.2022

Banknifty standing below a strong resistance of 36482.

if banknifty crosses over 36482 then it may reach to the level of 36663.

between 36663 to 36854 is also an extremely strong resistance zone.

If Bank Nifty crosses over 36854 then it may also cross 37045 and may reach to the level of 37225.


if banknifty crosses dow below 36292 then it may also cross 36086 and may reach to the level of 35934.

if banknifty crosses down below 35934 then it may take support on 35722, 35722 is a strong support.

If banknifty crosses down 35722 then it take bounce back from bounce back zone.

it is highly unlikely that banknifty will cross 37225 tomorrow and reach higher levels.