CodeViser

Bank Nifty Update on 06th Dec. 2021

NSE:BANKNIFTY   Nifty Bank Index

In the Friday Trading session, Bank nifty fell from their trend line resistance and made a good move on the downside. The sentiment is still strong, and the index can lose more in the upcoming days, but confirmation is required, lower than 35,000. As per harmonic, we can see 33,900 if this level breaks. More pain in the coming days.

Intraday Support is : 36,000
Intraday Resistance is : 36,500
Key Resistance is : 37,000
Key Support is :35,500

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