View On NSE:BANKNIFTY- NIFTY BANK

Updated
NSE:BANKNIFTY- NIFTY BANK After making a good rally till 31205 Index looks like taken a pause. My personal view in NIFTYBANK Index is its going to be trade in range for coming days or even for few weeks before making any move in ether direction. The level of 31205 will act as a good resistance for BN while 30346.9 will act as a support. If BN manage to break above the level of 31205 then may see good uptrend move till 31400-31750. And if NIFTYBANK breaks below the level of 30346 then next stop for BN should be at 29815 and then 29386.
This is my personal view on BANKNIFTY index if you find this useful to you please give it a like and also share.Your like and shares will motivate me to share more and more studies like this.
Note
Consider 30950 As nearest Support for BANKNIFTY and then 30346.9
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