Banknjifty Intraday view for 07-08-2023
The chart has been marked with essential support levels.
Today, BankNifty future is expected to stay within the range of 45400 to 45000. Broader range = 45600 to 45000. If the market opens near the lower end of this range, there is a possibility of an upward movement.
There's the anticipation of a significant correction for BankNifty on 16th August. It is expected that BankNifty could initiate a correction from its peak position on that day.
Today, BankNifty future is expected to stay within the range of 45400 to 45000. Broader range = 45600 to 45000. If the market opens near the lower end of this range, there is a possibility of an upward movement.
There's the anticipation of a significant correction for BankNifty on 16th August. It is expected that BankNifty could initiate a correction from its peak position on that day.
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