bank nifty this week closed at 17590 with gain.
bank Nifty 5 weeks channel trend is up and
bank Nifty 20 weeks price channel trend is down.
RSI is near 47 for medium term breakout signal.
banknifty weekly support will be 17350 and 17170.
banknifty weekly resistance will be 17785 and 18170.
banknifty future weekly trading call will be
buy nifty future on correction with stop loss below 17170
for targets 17785 and then 18170.
banknifty option weekly trading call will be
buy and accumulate bank nifty 17200 call options with stop loss.