BankNifty Weekly Analysis for 13-03-23 to 17-03-23.
39400-39800 is the Support Area for BankNifty this Week.
41680-42000 is the Resistance Area for BankNifty this Week.
If BankNifty breaks the Support and trades below 39400, ABCD Activates, more Downside Possible & Targets are 38680/37860.
If BankNifty Tests Support Area, Bounces back and sustains above 40500 , Upside Targets are 41100/41670.
Trending Upside Move only Above 42000.
39400-39800 is the Support Area for BankNifty this Week.
41680-42000 is the Resistance Area for BankNifty this Week.
If BankNifty breaks the Support and trades below 39400, ABCD Activates, more Downside Possible & Targets are 38680/37860.
If BankNifty Tests Support Area, Bounces back and sustains above 40500 , Upside Targets are 41100/41670.
Trending Upside Move only Above 42000.
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