Banknifty spot chart analysis for 21.09.2022

Banknifty standing just below a strong resistance zone of 41421 to 41579.

if banknifty crosses above 41579 then it may reach to the level of 41733.

between 41733 to 41887 is also an extremely strong resistance zone .

If Bank Nifty crosses over 41887 then it may also cross 42041 and may reach to the level of 42191.


if banknifty moves down below 41421 then it may also cross 41256 and may reach to the level of 41062.

if banknifty crosses below 41062 then it may reach to the level of 40878.


If banknifty crosses down 40878 then it take bounce back from bounce back zone.


it is highly unlikely that banknifty will cross 41733 tomorrow and reach higher levels.