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simplyansh

BANKNIFTY Daily Analysis - 29th Jun 2022 - Looks Weak!

BANKNIFTY INDEX FUTURES (NSE:BANKNIFTY1!)  
simplyansh  
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Moving Averages Supply and Demand bnf bnfanalysis BANKNIFTY bankniftytrend bankniftytradesetup bankniftyprediction bankniftyoptions bankniftyanalysis bnfnextmove
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movingaverage supplyanddemand bnf bnfanalysis banknifty bankniftytrend bankniftytradesetup bankniftyprediction bankniftyoptions bankniftyanalysis bnfnextmove
Hi Traders/Investors,
BANKNIFTY is looking weak as this point, waiting for the news on US GDP data.
NIFTY took support from the Trendline in the morning and also closed exactly at the same Upward trendline.

On DOWNSIDE, There is a Buy zone which would act as support but looks weak as of now between 33165 - 33300 levels.
On UPSIDE, resistance at 33870 followed by 34400 levels.


Regards,
Anshul
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