Bank Nifty Prediction & Tips for Today

Bank Nifty Prediction

Today market will be opening a gap down because of European markets.

However, do not carry over any positions after market hours on the weekend as USA inflation data will be coming after mkt will close tomorrow.

If USA Mkt inflation data will be worse then mayhem can occur on Monday

Clarity will emerge on Monday. So hold your horses and trade light till tomorrow.

Remember some days are Good to go full throttle, some days just to get a quick profit and some days just stay be on the sidelines because on such days if you do not lose money effectively you have gained that much money

Nifty Spot View: 10/06/2022

Cmp: 16478.10

Support & Downside Range: 16320—16217—16152--16060

Resistance & Upside Range: 16495—16550--16610

Short Term Trend Reversal Level:--  16794

Trading View: the trading bias remains weak till nifty is trading below 16550 spot levels and we are open downside for minimum 16217 to 16152 and max 16060 as trading levels whereas once we cross and close above 16550 our alternative counts of WAVE Z up move will come in action and in such case we may head upside towards 16795—16950 but till we are below 16550 bias remains to sell on rising only.

BankNifty Spot View For:10/06/2022

Cmp: 35085.45

Support & Downside Range: 34648—34434—34265--34026

Resistance & Upside Range: 35455--35965

Short Term Trend Reversal Level: -- 

Trading View: Intraday bias remains to sell on rising till bank index is trading below 35455 and we are open for downside 34434—34265—34026 levels.

Make money using our bank nifty prediction and traders swear by the accuracy of our bank nifty option tips on a daily basis.

Bank Nifty Levels

Nifty & BankNifty again trading between support zone.

Nifty Spot trading zone 16200-16550. Support zone 16200-16250.

BankNifty Spot trading zone 34400-36100, Support zone 34400-34600.

Support zone shifted due to rejection (Candles close above support zone DCB)