Wealthcam

BANKNIFTY is ready to move only above this level…

NSE:BANKNIFTY   Nifty Bank Index
As we can see BANKNIFTY had been respecting a level of 34600-34800 and getting rejected from that very level since last 2 weeks now and also this level has been tested multiple times and hence we can expect a good breakout and a gap covering till 35100 level unidirectionally! 34600-34800 is a NO TRADE ZONE for BANKNIFTY and below this banknifty will remain sideways to negative

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