Bank Nifty Today Prediction to Make Profit

BankNifty Spot View For 06/01/2023
Cmp: 42608.70
Support & Downside Range: 42475—42435 zone, 42375—42298 zone, 42200—41850 zone
Resistance & Upside Range: 42725—42900--43138
Short-Term Trend Reversal Level: --

Bank Nifty Today

Trading View: In today's intraday trading session key level to watch is the 42900 spot level if this gets breached without breaking yesterday's low which is 42298 then bulls still have a chance to stay in the game and after breaching the 42900 spot if we get today's close between 43000—43140 levels then it's a first confirmation that bulls still have a chance to stay in the game whereas if we break yesterday's low then it will be considered 5 wave fall from recent high it means bank nifty remains sell on rise for few more days or week.

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