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AkmeAnalytics

BankNifty Prediction & Analysis [06 Aug 2021]

Nifty Bank Index (NSE:BANKNIFTY)  
AkmeAnalytics  
NSE:BANKNIFTY   Nifty Bank Index
Support and Resistance Trend Lines Candlestick Analysis bankniftytradesetup bankniftyanalysis bankniftytrading bankniftyoptions bankniftyintradaylevels bankniftyprediction bankniftyshort bankniftylong bankniftyfuture
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Bank Nifty Spot Levels to watch out for trading on 6th Aug 2021

Long Opportunity:

1. Price breaks out of 36025 and retests the level again is good support to go long
2. Gap down open but takes support near 35685 will act as good support to go long again

Short Opportunity:

1. Gap down opens below 35670 and stays below 35670 for some time and retested back the 35670 levels is a good resistance zone to short Bank Nifty.
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