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BANKNIFTY Setup for 22-Sep-2022 | Pre Market Report 22-Sep-2022

  • NIFTY BANK shown mild bullish reversal as sentiment turns sideways to positive. Downtrend may change.
  • NIFTY BANK should stay above 41198.10 for the confirmation of the trend change.
  • NIFTY BANK should cross above 41502 for the targets 41576.66 and 41810.65.
  • Or it may pullback to 41198.10.
  • NIFTY BANK sideways rank 3
  • Previous Close: 41203.45 (-264.85)
  • Sellers Zone: 41432.09 - 41501.70
  • Resting Zone: 41195.43 - 41200.78
  • Buyers Zone: 40889.15 - 40964.11
  • Resistances: 41432.09, 41576.66, 41810.65
  • Supports: 40964.11, 40819.54, 40585.55

 

Disclaimer: These are only suggestive technical rules that have been found to work well over time in the market. These are not any trading or investing recommendations. We suggest you to take advice from certified experts for trading and investing. Neither PickMyStox nor any of its associates are responsible for any trading or investing loss.

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