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BANKNIFTY ANALYSIS AND PREDICTIONS FOR 05 APRIL 2022

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NSE:BANKNIFTY   Nifty Bank Index
SUPPORT

38424
38224
38000

RESISTANCE
38933
39254
39515

EXPECTED RANGE 39000 - 39500

Tomorrow we can see a gap up of 300 - 400 points in #BANKNIFTY, if the price sustain above 39000 for 30 mins then we can see a movements upto 39500 either on Tuesday or Wednesday.

We can sell Banknifty if see a strong Resistance between 39400 - 39500 range and price break support at 39254.

#BANKNIFTYOPTIONS TO WATCH
38000 CE 07 APRIL
38500 PE 07 APRIL

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