Nifty Bank IndexShort
Bank Nifty Weekly Analysis For 29-01-24 to 02-02-24
Bank Nifty Weekly Analysis For 29-01-24 to 02-02-24
44000-44400 is a Major Support for Bank Nifty this week.
46500-46800 is Major Resistance For Bank Nifty.
If Bank Nifty Sustains Above 45500, more upside possible and targets are 45909/46380.
If Bank Nifty trades below 44480, more downside possible and Target is 44000.
Verdict: High Volatility. We may see Bank Nifty moving on both sides between 44000 to 46800.
44000-44400 is a Major Support for Bank Nifty this week.
46500-46800 is Major Resistance For Bank Nifty.
If Bank Nifty Sustains Above 45500, more upside possible and targets are 45909/46380.
If Bank Nifty trades below 44480, more downside possible and Target is 44000.
Verdict: High Volatility. We may see Bank Nifty moving on both sides between 44000 to 46800.
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