Bank Nifty Outlook 12th July

12 th July 2022

1. Bank Nifty Closed 35487yesterday . Made high of 35599 and low of 35050

2. International Markets are down, SGX nifty suggesting Gap down opening in our markets.

   
Support   		    
Resistance   
   
35400   		    
35600   
   
35002   		    
35800   
   
34750   		    
   

3. Yesterday Low 35050, High 35599

4. Weekly Range : 33900-35500

5. Bank Nifty Support at 35000, if Falls Below, it can fall till 34750

6. Overall Trend is Positive but due to fall of international` markets, market is negative for today. We have to watch 35500, if Bank nifty manages to cross this level, it will head towards 35800-36000. If falls below 35400, than can go till 35000. 35000 is strong Support.

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