Banknifty Prediction and levels for 23rd August
Primary Trend in Bank Nifty Futures- Negative
Range-Bound Trend of Bank Nifty Future: All up Moves can Initiate Profit Booking @ 44250 whereas All Down Moves can Initiate Short Covering @ 43900
Suppose the Aug series Bank Nifty futures Moves Above 44155 and sustain, then you could see a 1st Target of 44220 during the day with a Stop Loss of 44090. During the day Bank Nifty futures could trade for the target of 44220- 44340- 44415
If the Bank Nifty futures (Aug Series) Moves Below 43980 and sustain, then you could see a 1st Target of 43900 levels in a day with a Stop Loss of 44050. During the day Bank Nifty futures could trade for the target of 43900- 43825- 43760
Range-Bound Trend of Bank Nifty Future: All up Moves can Initiate Profit Booking @ 44250 whereas All Down Moves can Initiate Short Covering @ 43900
Suppose the Aug series Bank Nifty futures Moves Above 44155 and sustain, then you could see a 1st Target of 44220 during the day with a Stop Loss of 44090. During the day Bank Nifty futures could trade for the target of 44220- 44340- 44415
If the Bank Nifty futures (Aug Series) Moves Below 43980 and sustain, then you could see a 1st Target of 43900 levels in a day with a Stop Loss of 44050. During the day Bank Nifty futures could trade for the target of 43900- 43825- 43760
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