Bnflong
BANKNIFTY Daily Analysis 4th Jul2022 : BNF looks strong!Hi Traders,
BNF is in Bullish momentum from last couple of days 3-4 trading sessions and It might continue.
On UPSIDE it might face resistance at 34150 followed by 34350 levels. Wait for each of these resistances to be broken on good volumes in BNF Futures.
On DOWNSIDE 33500 is a strong Support in BNF which doesn't seem to get broken anytime soon.
BANKNIFTY Daily analysis June 20th 2022 - More UPSIDE expectedNSE:BANKNIFTY Is taking Support from a Trendline as well as Buy Zone.
Until this BUY Zone is not broken on higher volumes on downside in BNF Futures, Its a Buy on dips kind of period.
NSE:HDFCBANK has given a good support to NSE:BANKNIFTY and looks really strong on charts.
If HDFC BANK continues to support BNF, then we might see levels of 33800 in quick time.