Wealthcam

BANKNIFTY to REVERSE from here...?

NSE:BANKNIFTY   Nifty Bank Index
As we can see BANKNIFTY has finally reached its SUPPORT and demand zone of 44300-44600 levels as analysed in our previous post. Now we can expect BANKNIFTY to show some strong movement from here if opens flat but if BANKNIFTY opens weak we may see BANKNIFTY show more of unidirectional fall of more 1000 points but there are higher chances of BANKNIFTY to reverse from here if opens flat to strong so plan your trades accordingly.

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