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BANKNIFTY WEEKLY VIEW

Short
NSE:BANKNIFTY   Nifty Bank Index
Positional view:- 32550 has good support. If break 32550 (spot) in downside, it may fall till 31100, 29088. 31100 is next support line which should not break.

Intraday:-Banknifty may open negative near 33580 and move in a range to consolidate.It may fall till 33490. Watch if Bank nifty holds above 33485 then may move up towards 33623 and 33728 but if it breaks below 33380 then may slip towards 33245 and 33155

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