Banknifty is showing strength from the support zone of 34500-34250 - Swastika Investmart
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Technical Outlook:
Nifty (Spot):
Nifty is continuing its upward journey with intraday volatility but momentum has slowed down where 15900 is an immediate hurdle while 16000 is a psychological hurdle. On the downside, 15800/15700 are immediate support levels while 15500 is critical support as a stop loss for positional long traders.
Banknifty (Spot):
Banknifty is showing strength from the support zone of 34500-34250 where 35500 is an immediate hurdle then 35750-36000 is a critical resistance zone. For the intraday, 35200-35150 is an immediate intraday support.
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