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Banknifty Intraday Analysis

Munmun Chatterjee

Technical Analyst, owner of TRADEMANIAC

Aug 19 , 2022 / 09:12 AM

#banknifty • #banknifty-view • #share-market • #option-buy • #banknifty-strategy

As discussed in the last few analysis, Banknity achieved 1500 points in upside & in 24 trading sessions, Banknifty moves 5000 points. Now what to expect ?

Banknifty index may open flat positive near 39710 and try to move up towards 37800. If it consolidates & sustains near 39800 then it may move up towards 39935 and 40055.

If Banknifty falls below 39550 then may slip towards 39450