Banknifty Spot chart analysis for 26.07.2022

Banknifty standing below a strong resistance zone of 36854 to 37045.

if banknifty crosses over 37045 then it may also cross 37225 and may reach to the level of 37382.

between 37382 to 37521 is also an extremely strong resistance zone.

If Bank Nifty crosses over 37521 then it may also cross 37684 and may reach to the level of 37847.

if banknifty crosses dow below 36663 then it may also cross 36482 and may reach to the level of 36292.

if banknifty crosses down below 36292 then it may take support on 36086, 36086 is a strong support.

If banknifty crosses down 36086 then it take bounce back from bounce back zone.

it is highly unlikely that banknifty will cross 37847 tomorrow and reach higher levels.