BANKNIFTY ANALYSIS FOR MONDAY 5TH JUNE-FOR EDUCATION PURPOSE
BANKNIFTY:-
Monthly target:-
If Banknifty sustain the level of 44500 in one or two week ,45000 level can be achieved.
If Banknifty break down 44500 spend time below it and break 43950 then 42600-42800.
WEEKLY TARGET:-
If Banknifty sustain the level of 44000 BREAK 44150 ,44250-44350-44500 level can be achieved.
If Banknifty break down 44000 and break 43950 spend time below then 43850-43750-43650-43550.
DAILY TARGET:-
If Banknifty sustain the level of 43950 THEN44050-44150-44250 level can be achieved.
If Banknifty break down 43950 and break 43850 then 43750-43650-43550
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