BankNifty Spot View For: 19/01/2023
Cmp: 42458
Support & Downside Range: 42358—42290—42210--42090
Resistance & Upside Range: 42560—42677—42835
Short-Term Trend Reversal Level: --
Bank Nifty Option Trading Tips Today
Trading View: Bank index has is underperformed these past few days in today's gap down market key level to watch is the 42358-42290 spot levels if bulls manage to hold these levels then we may immediately see the upside move towards 42560—42677 minimum and max 42835 levels whereas if 42358—42290 gets a break and sustain below it for 15-30 mins then we may see sideways to weak move in it and in that case it can fall till 42210—42090 levels and here it may try to find support for next leg up move.