Banknifty 22-Feb-2023 intraday trade analysis
Banknifty - Today is volatile day, due to its previous trending day. It closes near 40500=support, so of You'tedhome?, days here and then break it more selling.
Flat opening - Buying is slow but only after pullback near 40500-600. No hurry in selling will wait for price action.
Gap up - 41K=Resistance’, it will not break this level easily so will wait for price action for selling near it.
Gap down - Below 40500 is a sell but due to continuous downtrend , it may give retracement Next support =40k.
Flat opening - Buying is slow but only after pullback near 40500-600. No hurry in selling will wait for price action.
Gap up - 41K=Resistance’, it will not break this level easily so will wait for price action for selling near it.
Gap down - Below 40500 is a sell but due to continuous downtrend , it may give retracement Next support =40k.