BANKNIFTY ANALYSIS FOR 23FEB

As discussed yesterday Banknifty takes support from 46500 as per the analysis.

For tomorrow Banknifty if open gap up then possible to take resistance from the trandline comes from 47050 to 47200..

If Banknifty want's to be further upsides move then, banknifty makes to creates stoploss for upper sides levels & then breaks the upsides & give further upward move..

47100-47050 is resistance
& Same 47500 for support

All the best guys