Banknifty is looking positive on charts. Hence, we can expect upside momentum to continue, but some global uncertainties and a truncated week can hamper momentum . Levels to watch:
Upside only if Banknifty crosses and sustains above 51750, and momentum can continue upto 52500+. On the downside, we can expect retracement upto 50800 if Banknifty breaches the range of 51370-250. All levels are marked in the chart posted.
Upside only if Banknifty crosses and sustains above 51750, and momentum can continue upto 52500+. On the downside, we can expect retracement upto 50800 if Banknifty breaches the range of 51370-250. All levels are marked in the chart posted.
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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.