Nifty Bank Index
Long

Banknifty December 3rd Week Analysis

52
Banknifty is looking interesting on charts . While forming W pattern on charts indication breakout it is still in cautious zone. We need to wait and watch for upside confirmation . Range for strong upside is 53923-54116 , once it crosses this range it can give strong upside upto 54984+ in the upcoming week. Otherwise expect highly volatile moves in Banknifty.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.