Banknifty spot chart Analysis for 13.12.2022

Banknifty standing just below a strong resistance zone of 43713 to 43876.

if banknifty crosses above 43876 then it may also cross 44034 and may reach to the level of 44187.

between 44187 to 44323 is also an extremely strong resistance zone .

If Bank Nifty crosses over 44323 then it may also cross 44481 and may reach to the level of 44644.



if banknifty moves down below where it left off then it may also cross 43571 and may reach to the level of 43418.

if banknifty crosses below 43418 then it may also cross 43226 and may reach to the level of 43113.

If banknifty crosses down 43113 then it take bounce back from bounce back zone.

it is highly unlikely that banknifty will cross 44481 tomorrow and reach higher levels.