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BANKNIFTY INTRADAY 7.12.2021

NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY INTRADAY7.12.2021
1. BankNIFTY is out of channel and moving down as breaking down all target on downside
2. There is Massive Put writing at 36000/35500 , and will act as a support
3. As per RRG Graph PSU index is better than Private , Possibility of gap Up ,
4. If the Gap up is near buy zone it will reversel back to target 1/2/3/4/5


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Comment:
BanknIfty respected the Levels so far , omowrrow will be D day Fed will play a great role for Break Up and Break Down , BNF will flllow the levels , Hold tight

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