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Support- 35880-36000 Resistance- 37000-37100 Results from ICI | Stock Shiksha

Support- 35880-36000
Resistance- 37000-37100

Results from ICICI bank and Kotak bank will drive banknifty today. On chart, Banknifty seems overbought because RSI has reached 72. Its buy on dip but from higher level we can see profit booking. On lower side, 35880-36000 zone is buying level where long side position can be created. On higher side, 37000-37100 will be strong resistance where profit booking can be seen. Buy on dip and sell on higher level should be strategy.