TrendTalk

Banknifty Long Levels and Zone #option's #trading

Long
NSE:BANKNIFTY   Nifty Bank Index
Topic- Banknifty Long Levels and Zone

Price is above an important level of 48964.07 on charts, and as long as price remains above this level, the uptrend of stock might continue.

Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK made a big move recently. This generally happens when there is a positive sentiment change, or a block deal went through. There is a good chance that this trend might continue in coming days.

Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 49336.4

Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK is strongly bullish. It has broken a strong resistance of 47820 and is expected to move up further.

What is the prediction of Banknifty?
Bank Nifty futures

It has advanced further and is currently quoted at 49,700, up 1.2 per cent so far today. The contract will most likely touch 50,000 today as the sentiment has been positive. If Bank Nifty futures surpasses 50,000, it can rise to 51,000 quickly

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