BANKNIFTY ANALYSIS 1stMAR2024
Hi guys,
Today's has done monthly expiry in Nifty/Banknifty both u can see that today market has volatile.
I think next month banknifty breaks it's all time high & showing it's strength.
As per chart analysis u can see that one new trendline appear & act like support, So market will come to test this trendline & then market get ready for upside also for upside market planned to hits sellers stoploss.
Now Market is strong bullish
Support 45900-46150
Resistance 46600
Today's has done monthly expiry in Nifty/Banknifty both u can see that today market has volatile.
I think next month banknifty breaks it's all time high & showing it's strength.
As per chart analysis u can see that one new trendline appear & act like support, So market will come to test this trendline & then market get ready for upside also for upside market planned to hits sellers stoploss.
Now Market is strong bullish
Support 45900-46150
Resistance 46600
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