Wednesday, 19 January 2022

Expert view on Banknifty -20-01-2022

Is banknifty bullish and bearish?

Extreme volatility is being observed in banknifty. Last few days, BNF traded with negative bias.

Banknifty future chart analysis?

Banknifty support and resistance levels

Here we will discuss the required levels in 15 minutes time frame.

38322 is resistance. Today it bounced from the support zone. Critical support for tomorrow is 37600.

What do planetary positions indicate?

Tomorrow is Ketu star day. Profit booking might happen. There might be sharp reversal during the last hour.

Future and option data analysis

FII and pro net sellers in the market. Their position size -453798 contracts.

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