Banknifty - Prediction & Intraday Levels for - 12 May 2023
Bank Nifty Prediction Tomorrow:
BEARISH view with Negative Sentiment
Bank Nifty is consolidating with high selling pressure, as per Global cues most likely expected to Open Gap down / Flat.
There is Strong resistance zone at 43539 / /43470 levels is where we can anticipate our SELL entry for Lower side Targets.
BULLISH only if sustains above 43780, BUY only above this level until is SELL on raise.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
BEARISH view with Negative Sentiment
Bank Nifty is consolidating with high selling pressure, as per Global cues most likely expected to Open Gap down / Flat.
There is Strong resistance zone at 43539 / /43470 levels is where we can anticipate our SELL entry for Lower side Targets.
BULLISH only if sustains above 43780, BUY only above this level until is SELL on raise.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
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