BANKNIFTY PREDICTION FOR TOMORROW
2023-04-18 09:24:49
The Bank Nifty index witnessed a sharp recovery from the lower level and formed a strong bullish reversal candle. The index downside support stands at the 37,700-38,000 zone and as long as this support is held the index remains in a buy on dip mode.
The immediate upside hurdle stands at 39000 where call writers are active and once surpassed will see further short covering.Tomorrows movement Prediction of banknifty as on 23 Aug 2022 is showing signs of positive. Either there is a positive sentiment.
Tomorrows movement Prediction of Nifty Bank as on 23 Aug 2022 is Bullish. The stock has break weekly high. An up move can be expected tomorrow.
Tomorrows targets for Nifty Bank are 39200 and 39500 on the upside.
BANKNIFTY has strong support at 38400 and strong resistance at 39500 for tomorrow.
