Bank Nifty - Prediction & Intraday Levels for - 31 Jul 2023
Banknifty Prediction:
BULLISH / Positive Sentiment towards 47K
Banknifty likely to Open Big Gap up Open around 45800 level, if any buying momentum and sustains above 46000 we can expect 46300 will be tested on Monday. Further if sustains above 46370 we can expect 47K before expiry this week.
BEARISH only below 45200, until Buy on dip.
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
BULLISH / Positive Sentiment towards 47K
Banknifty likely to Open Big Gap up Open around 45800 level, if any buying momentum and sustains above 46000 we can expect 46300 will be tested on Monday. Further if sustains above 46370 we can expect 47K before expiry this week.
BEARISH only below 45200, until Buy on dip.
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!