Banknifty spot chart Analysis for 15.09.2022

Banknifty standing just below a strong resistance of 41421.

if banknifty crosses above 41421 then it may also cross above 41579 and may reach to the level of 41733.

between 41733 to 41887 is also an extremely strong resistance zone .

If Bank Nifty crosses over 41887 then it may reach to the level of 42041 and then 42191.


if banknifty moves down below 41421 then it may also cross 41256 and may reach to the level of 41062.

if banknifty crosses down below 41062 then it may also cross 40878 and will reach to the level of 40717.

If banknifty crosses down 40717 then it take bounce back from bounce back zone.

it is highly unlikely that banknifty will cross 42191 tomorrow and reach higher levels.