Nifty Bank Index

BANK NIFTY ANALYSIS FOR A WEEK USING PRICE ACTION AND ZONES

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Bank nifty has broken 23125 as marked which was acting as resistance most of time in past now the range to look for buying will be 23189-22255 as it a okaish demand zone which can also act as a support , further if 22255 is broken we can see a fall of almost 900 points. but from there we can eye for longs at various levels as marked in the charts i.e 21410 , 21050, 20550 with sl of 19490

so its basically buy Bank Nifty of Dips for some massive up moves of 25000, 26000 in span of 5-7 weeks if 23189-22255 range isn't broken bulls will be in-charge

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