Banknifty - Prediction & Intraday Levels for - 23 May 2023

22 May 2023

Banknifty Analysis for Tomorrow:

Trend - BULLISH
Sentiment - Positive

Buy Levels are 43750 Demand zone & 43866 Pivot levels - Any breakout above 44076 we can expect Targets 1 & 2 will be tested on the higher side.

If any breakout below 43694, then 43550 will be tested down side.

Only look for SELL entry below 43697, otherwise BUY on dip.

Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.

Refer the chart for detailed Intraday Support and Resistance levels.

Happy Trading!!