Bank Nifty - Analysis & Prediction - 8th Aug 2023
Banknifty Prediction tomorrow:
BNF looks weaker when comparing with Nifty, still 43800 level is pending to be tested.
There is a strong resistance around 45070 level is where We can look for SELL entry / or if Opens gap down 44707 below we can short entry..
BULLISH only above 45100 on 15m closing basis.
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
BNF looks weaker when comparing with Nifty, still 43800 level is pending to be tested.
There is a strong resistance around 45070 level is where We can look for SELL entry / or if Opens gap down 44707 below we can short entry..
BULLISH only above 45100 on 15m closing basis.
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
