Sustaining above 44655 enter for 44725 - 44805 - 45020, SL 44575
Sustaining below 44425 enter for 44360 - 44280 - 44070, SL 44510
Bank Nifty has to sustain and close above its weekly resistance at 45070 - 45200 to move towards its initial weekly long targets of 45530 - 45610.
Closing above 45610 Bank Nifty may move towards its last weekly long targets of 45900 - 46200
On the downside:
Bank Nifty has to sustain and close below its weekly support at 44680 - 44560 to move towards initial weekly short targets of 44230 - 44150
Closing below 44150 Bank Nifty may move towards its last weekly short targets of 43860 - 43550
So far this week Bank Nifty has made a high of 45096.85 testing our weekly resistance zone of 45070 - 45200 and today made a low of 44418.40 breaking our weekly support zone and closed at 44541.80. Now in the coming session Bank Nifty has immediate resistance at 45070 - 45200 and has to break and sustain above it for a move towards 45530 - 45610. On the downside Bank Nifty sustaining below 44560 can move towards 44230 - 44150
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