Past few days, Bank Nifty is moving between 600 points. Its a clear indication of range bound market. It has to break the range, in order to make some decisive direction.
Here are the resistance levels as per me:
1) 22685
2) 23050
3) 23185
Here is the support level
1) 22050
2) 22450
As stated above, Bank Nifty has to break the range to make some strong movement.
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