banknifty 3rd july 2023

3 ביולי 2023

Banknifty is taking rejection from long time trend line resistance. If banknifty opens gapup and and sustains above this level we can see good move towards 45000 level. But there is a catch there is a strong rejection on trendline at 44971 from monthly timeframe.

Buy above 44811 target 44970, 45123
sell below 44666 target 44613, 44544,4444