Cmp: 42582.75
Support & Downside Range: 42408—42337—42295 zone, 42160—42000 zone
Resistance & Upside Range: 42756—42856 zone, 43000---43180 zone, 43378—43500 zone
Short-Term Trend Reversal Level: --
Accurate Bank Nifty
Trading View: In today's intraday market key level to watch is the 43408 spot zone after opening if this level gets broken then we may see a range bound to a sideways move and in that case, we may open downside 42337 to 42295 spot zone minimum and max 42160—42000 whereas upside if 42408 gets saved then we may face first intraday hurdle between 42756—42856 spot zone fresh intraday move once 42856 gets a break and we get proper 15-30 mins sustain and in that case 43000—43180 we may see as next intraday upside projection.
Check our daily accurate bank nifty target and be a part of the profitable group.
Update
Banknifty live update CMP 42257 it took nice support as of now at our support of 42160 which is 66% of retracement support a move above 42400 spot levels bank index again goes into a safer zone and bulls of bank index may come with force.
Likely results for the month of Jan are as shown in the image below:
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