The Bank Nifty was highly volatile during the day and moved in a 2500 points range. It settled 142 points lower at 40513 and formed a bearish candle on the daily charts with long upper and lower shadow, resembling High Wave pattern. On the daily chart, the index has sustained below the 50 EMA (42081). The sentiment is likely to remain weak as long as it remains below 41150. On the lower end, support is placed at 39500-38800. On the higher end, resistance is visible at 41150.
Ab rahi bat ki kya banknifty 37 hajar jaega? to ho sakta hai chala bhi jae agar banknifty 39600 ka level breach kare and sustain kre to hum 38000 ki taraf rukh kar skte hain and then follow up sailing definately dekhne ko mil skti hai qki fir bank nifty ka next support 37600 pe dikhta hai...khair vo jab ayega tab dekhenge abhi k lie market thoda sale on rise to dikh rha h lekin puri picture kal and parso ki trading session se pta chal jaega. To bhaiyo and meri bahno mera analysis to done ho gya hai,,,ap log bhi apna apna view share kro comment me..and like and follow jarur krna Thankyou,
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