Through this Post, we are going to discuss what you can expect on Monday through our Bank Nifty prediction for the day. Please bookmark the website as we provide daily updates on Nifty and bank nifty to get benefitted by planning your trade in advance as the exit is more important than the entry.

BankNifty Spot View For: 09/01/2023
Cmp: 42188.80
Support & Downside Range: 41877--41569
Resistance & Upside Range: 42375—42550—42700--42915
Short Term Trend Reversal Level: --

Bank Nifty Monday Prediction

Trading View: In today's gap up market key level to watch is 41877 spot which is Friday's low now new leg of selling starts if we slip below this level and in that case we may fall towards 41569 levels whereas upside 42375 is key rest to watch break and sustain above it we may see next level 42550 to 42700 minimum and max 42915 spot levels.

Do check our Bank Nifty Monday Prediction here and make money as a daily habit.

Banknifty live update CMP 42503 upside small rest placed at 42525 break and sustain above it for 15 mins we may see move towards 42700-42735 and here 42735 acts as strong rest if bank index manage to cross 42735 spot before 2pm today than we may see today only 43075 spot so watch how 42525 acts first and after that 42735... once bank index starts trading above 42525 spot that time downside 42300 acts as support for this upside move.

Update

If Banknifty 42525 sustained well and now trading at 42700 now need to see how 42735 spot acts here as rest if this gets break and sustain for 30 mins to 1hr than today only we may see 43075 spot