Arindampaul7

Banknifty trading ideas

NSE:BANKNIFTY   Nifty Bank Index
Now immediate support 35900 long only above 36300 for 37K only. Today it has taken support at the marked demand zone so I see little pullback. It will definitely fall more will break recent low 35k but before that some retracement to come this week. Russia- Ukraine war is not over it's been escalated and inflation tension to increase , US interest rate fed result to come in the month of March so it's expected a bearish month of March. Due to war volatility index India VIX increased however it's been increasing from September now at 28 and it's says market would be more volatile I see. Vix heading upto 40+

37600 very strong resistance 🔥 impossible to break so one can sell near there as I see it's to come below 35k in coming week. Thank you dear followers.

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