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NIFTY BANK Setup for This Week (19-Sep-2022 to 23-Sep-2022)

  • NIFTY BANK shown mild bearish reversal as sentiment turns sideways to negative. Uptrend may change.
  • NIFTY BANK should stay below 40968.62 for the confirmation of the trend change.
  • NIFTY BANK should falls below 40289 for the targets 40009.94 and 39417.37.
  • Or it may pullback to 40968.62.
  • Previous Close: 40776.80 (361.10)
  • Sellers Zone: 41561.19 - 41840.15
  • Resting Zone: 40872.71 - 41064.53
  • Buyers Zone: 40288.90 - 40376.04
  • Resistances: 41561.19, 41927.29, 42519.87
  • Supports: 40376.04, 40009.94, 39417.37

 

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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