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Swapilchoksi

Bank Nifty on Weekly Chart

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Nifty Bank Index (NSE:BANKNIFTY)  
Swapilchoksi  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Support and Resistance Supply and Demand BANKNIFTY bankniftytrend bankniftytradesetup bankniftytrading
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trendanalysis supportandresistance supplyanddemand banknifty bankniftytrend bankniftytradesetup bankniftytrading

Last week candle was not able to sustain above its supply zone @ 21150-21800. Even it failed to close in this supply zone.

On the downside, there is a demand zone @ 19500-19650 and weekly close is above this zone.

In any case, weekly close below 19500-19650 another 1500-2000 points downside range will open.


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