Weekly Bank Nifty Analysis(May 8 To May 12)

Bank nifty weekly analysis

Bank Nifty gained 2.65% for this week. Bank Nifty opened around 42796 and closed at 43793 forming a high of 49305 and low of 42780. Overall trend of Bank Nifty seems to be positive.

Most important resistance remains at 44186 and support remains at 41943, 39480, 38602, and 37359.

https://stockmonktradingclub.com/weekly-nifty-analysis-may-08th-to-may-12th-2023/If the Bank Nifty inches higher, one can expect short covering in the days to come. Let’s be hopeful for Bank Nifty to scale all-time high this week.

To check for Nifty Levels for the week click here