Banknifty Spot chart analysis for 12.07.2022

Banknifty standing just below a strong Resistance of 35510.

if banknifty crosses over 35510 then it may cross 35722 and may reach to the level of 35934.

between 35934 to 36086 is also an extremely strong resistance zone.

If Bank Nifty crosses over 36086 then it may reach to the level of 36292.

if banknifty moves down from where it left off then it may take support on 35304.

if banknifty crosses down below 35304 then it may also cross 35084 and may reach to the level of 34858.

If banknifty crosses down 34858 then it take bounce back from bounce back zone.

it is highly unlikely that banknifty will cross 36292 tomorrow and reach higher levels.