*Index charts Mantra for 20 Mar,2023*
*Bank nifty futures previous close 39740*
The Index did fully respected my analysis and after a strong morning volatility continued its upward momentum and went higher till over second target 🎯 zone
Now going forward in today's session it can open on a negative note
and the undertone of the index is bearish however today there can be a day of short covering and the Index can bounce back towards 39956-40234
The important trading levels are as follows
Strong support zone for the day 39500
Resistance zone for the day 40045-40256