Above is Banknifty Spot One Year Daily chart
Banknifty spot facing Resistance 16300……… If breaks & close above the level
Finding next Resistance around 16670 & 17000
Banknifty Spot consider support 16060 & 16020
If breaks 16020 and closes below the level
Favor for bears…………. finding next supports 15750 & 15520 levels
So closely eye on 16300 & 16020 levels
Updated : 10.19 AM / 02nd April 2016