BANKNIFTY Analysis

Price action is said to be bullish in smaller time frame ,no detection of bearish momentum in smaller Timeframes as overall momentum is already Bearish.

Key Area of Resistances :

Resistance1: 40840
Resistance2: 41100
Resistance3: 41300

Key Area of Supports:

Support1: 40560
Support2: 40390
Support3: 40300- 40100