NIFTY BANK VIEW
Nifty Bank (20551)
Nifty bank showed new all time high on friday of 21042.
Closing is near its previous all time high of 20575.
If nifty bank trades and closes below 20000 it can make selling pattern active of double top and selling pressure can take over markets.
But if nifty bank holds 20000..20400 zone it can show 21100..21400 soon.
Nifty Bank (20551)
Nifty bank showed new all time high on friday of 21042.
Closing is near its previous all time high of 20575.
If nifty bank trades and closes below 20000 it can make selling pattern active of double top and selling pressure can take over markets.
But if nifty bank holds 20000..20400 zone it can show 21100..21400 soon.
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