Banknifty Next Target Can Be 35150-35200. Banknifty and Nifty both has been bottom out.
Attached is the Nifty 50 chart shared by us on 5th of April 2022 where we indicated that the Nifty is going for a correction and the level at that day was around 1860. Today Nifty stands at 17171, The Target was Around 16950 which has been completed with flying colors. Now As per our view Nifty is ready to jump with a upside target of approx 17900.
Attached is the Bank nifty chart shared by us on 5th of April 2022 where we indicated that the Bank Nifty is going for a correction and the level at that day was around 38500. Today Bank Nifty stands at 36000, As per our view Bank Nifty will not jump until and unless it touches the level of 35401 approx.