BANKNIFTY INDEX FUTURES

Banknifty future chart analysis for 20.07.2023

122
Bollinger squeeze and about to burst in 30 minute chart.
if bollinger burst and price travel s upside and crosses 45816 then it may
touch 45933 easily , which is a strong resistance, crossing above 45933
price may reach easily to the level of 46129.


if bollinger do not burst upside and starts travelling below and crosses down
below 45618 then you may see a strong down move and bollinger may burst down side.
and it will achieve all its level and may be more than levels.

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