Good Morning sir's
Bank Nifty Index does not move a lot in June and July month since Nifty 50 was making higher high which was a clear sign of banking sector weakness. For the August series, there is 2 Very Important Level in Bank Nifty Index.
21600 to 21700 is the resistance of this range and 20940 to 20900 is the support area. Breakout or Breakdown will decide Bank nifty Movement for the August series.
Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take different views and opinions.
Good Luck and Happy Trading
Virendra Pandey
Bank Nifty Index does not move a lot in June and July month since Nifty 50 was making higher high which was a clear sign of banking sector weakness. For the August series, there is 2 Very Important Level in Bank Nifty Index.
21600 to 21700 is the resistance of this range and 20940 to 20900 is the support area. Breakout or Breakdown will decide Bank nifty Movement for the August series.
Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take different views and opinions.
Good Luck and Happy Trading
Virendra Pandey
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