IDX:NIFTY BANK - chart - 309232
Bank Nifty weekly Technical Analysis:
Date: 13.08.19-16.08.19
Cash/Spot Analysis:
Bank Nifty mostly looking bullish till 29000-29200 if it holds 28500-28400 for the week.
Also if Bank Nifty does not break 28000-27900 then we can see upward move till 29500.
To move upward Bank Nifty should break 29500-29600 and sustain as per closing basis.
Strong Resistance: 29500-29600.
RSI below 40 level on Daily Chart.
Note: Above analysis is for study purpose.