BankNifty Levels for Thursday 8th Feb

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BankNifty still trading in range 46050 above to below 45500-45600 area playing the extremes at high and lows of the range is good strategy to apply.Only after breakout this range a good move expecting until then play safe.

Support are 45550 Sustains short Targets of 45400,45300,45150,45000
Resistance are 45850 Above long Targets of 45950,46050,46150,46200.

Mentioned targts above below can act as reversal areas also please check price action on those levels.
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As mentioned play the extremes from resistance it fell
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Supply and DemandSupport and ResistanceTrend Analysis

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