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Banknifty weekly analysis

Nifty Bank Index (NSE:BANKNIFTY)  
NMCapital  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY bankniftytrend bankniftytradesetup bankniftyanalysis bankniftytrading bankniftyview bankniftyoptions bankniftylevels bankniftyshort
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trendanalysis chartpattern banknifty bankniftytrend bankniftytradesetup bankniftyanalysis bankniftytrading bankniftyview bankniftyoptions bankniftylevels bankniftyshort
After giving breakout last week banknifty is managed to closed on a good note.
and now heading towards 40000.

One day closing above 38160 till take Banknifty to 38770, 38950.
One day closing below 37150 will take Banknifty to 36950, 36550, 36290

As we can see INDIA VIX is rising so chances of a dip is very high.
This dip is possible before 1st week of October.

Keep above level in mind for coming week.

Penafian

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