Past few days, Bank Nifty is moving between 600 points. Its a clear indication of range bound market. It has to break the range, in order to make some decisive direction. Here are the resistance levels as per me:
1) 22685 2) 23050 3) 23185
Here is the support level 1) 22050 2) 22450
As stated above, Bank Nifty has to break the range to make some strong movement.