Indice NIFTY 50

Banknifty going DOWN? Nifty & Banknifty quick analysis + levels

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Today was a positive day for #nifty, but #banknifty slowed down and moved very choppily in a narrow range. The HDFC triplets (HDFC Bank, HDFC, HDFCAMC) saw some weakness today.

Banknifty is kissing the 50MA on the hourly chart and is at RSI 50, but Nifty is well above both those levels.

Important Nifty levels and Banknifty levels for tomorrow:

Levels for Nifty: 15,590, 15,620, 15,660, 15,733 --- 15,750....15,986
Levels for Banknifty: 34,800, 35,250, 35,340, 35,400 --- 35,529, 35,680, 36,150, 36,515

What's your nifty prediction banknifty prediction for tomorrow? What was your nifty banknifty trading like? Let's chat in the comments :)

P.S. more resources can be found on my YouTube channel. TradingView doesn't allow me to share links yet.

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