Banknifty Spot chart analysis for 19.07.2022

Banknifty standing in betwwen strong resistance zone of 35304 to 35510.

if banknifty crosses over 35510 then it may also 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 will reach 36292.


if banknifty crosses dow below 35304 then it may take support on 35077.

if banknifty crosses down below 35077 then it may also cross 34858 and may reach to the level of 34644.

If banknifty crosses down 34644 then it take bounce back from bounce back zone.

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