Banknifty Spot chart analysis for 11.07.2022

Banknifty standing just above a strong support of 35077.

if banknifty moves above from where it left off then it may also cross 35304 and may reach to the level of 35510.

between 35510 to 35722 is also an extremely strong resistance zone.

If Bank Nifty crosses over 35722 then it may reach to the level of 35934.



if banknifty crosses down below 35077 then it may also cross 34858 and may reach to the level of 34644.

if banknifty crosses down below 34644 then it may also cross 34458 and may reach to the level of 34277.

If banknifty crosses down 34277 then it take bounce back from bounce back zone.

it is highly unlikely that banknifty will cross 35934 tomorrow and reach higher levels.