BankNifty Weekly Analysis for 27-03-23 to 31-03-23. 40200 is the Major Resistance for BankNifty This Week. Upside Move Possible only above this Level for the target of 41000. 38600-40200 is the Range for BankNifty this Week. On Monday If BankNifty trades below 39200, Downside Targets are 38954/38780. If Banknifty trades below 38600, ABCD Activates, more Downside Possible and Targets are 37780/37025.