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jay21shah

Banknifty might test 35000 levels next week

Nifty Bank Index (NSE:BANKNIFTY)  
jay21shah  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis
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trendanalysis
Continued weakness in the global markets and FPI selling are dragging the indices lower. BankNifty is likely moving towards 35000. I am working with an overall target of 32000 in the coming weeks, which is a 38.2% support from the March 2020 lows to the ATH.
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