Bank Nifty as on 28th Sept, 2020

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Bank Nifty as on 28th Sept, 2020

Bank Nifty has turned from bearish to bullish trend. 21875 looks an strong resistance as it 61.8% of retracement level. If Bank Nifty is able to close above said level on hourly chart, then its bullish will get confirmed.

Here are the upcoming resistance levels

1) 21875
2) 22035
3) 22472

if it starts going down again, then here is the support level:

1) 21445
2) 21013
3) 20596

Disclaimer: This above view is purely for educational purpose. Please consult your financial advisior for any investment plannin