Nifty Bank in daily chart looking for support level but support at 23,500-23,750 but these levels far from current market price that is 24,421. Bank Nifty can bounce from support levels currently according to daily chart no trading zone in Banknifty,.
Banknifty Weekly chart indicating 20,900-20,000 levels as per Uptrend channel pattern but same as Nifty daily chart levels playing important role. So, if we mix daily and weekly chart so levels indicating 20,000-21,000 level but only if Banknifty trade below 23,500 levels. Weekly chart facing resistance at level 25,500.
Banknifty Weekly chart indicating 20,900-20,000 levels as per Uptrend channel pattern but same as Nifty daily chart levels playing important role. So, if we mix daily and weekly chart so levels indicating 20,000-21,000 level but only if Banknifty trade below 23,500 levels. Weekly chart facing resistance at level 25,500.