After 2 weeks of weakness banknifty managed to bounce back last week and closed above 37000 mark.
Now 37700 is next resistance
Closing above 37700 will take banknifty to 39000.
On the flip side 36000 will act as a strong support. Closing below the level will attract selling pressure again.
Now 37700 is next resistance
Closing above 37700 will take banknifty to 39000.
On the flip side 36000 will act as a strong support. Closing below the level will attract selling pressure again.