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As predicted in previous analysis, BnkNifty touched 34500 ....
Next Big Target would be 36000, if market sustains above 35100 for couple of days.
BnkNifty forming the Ascending Triangle Pattern ( ATP ), which basically is Bullish .
BankNifty to Open Gap UP .... Tomorrow ...!
Resistance Level :
1. 35000 is next strongest Resistance level .
3. Small resistance exists at 35500 and later at 36000 which is strong.
Support Level :
1. 34500 is Strong Support level .
2. 34000 is next Support Level .
Sideways Possibility :
More chances of sideways market, between 34500 and 35000.
Trend Line :
Buy Above 34700 Trend Line
Sell below trend line 34600 and 34500.
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