Monday 27 February 2017

NIFTY BANK VIEW

Nifty bank (20876)

Nifty bank has made a new all time high on 17 Feb.

Last week it had again traded near its new all time high but did not cross it and close with an inverted hammer doji.

If nifty bank trades below 20800 it can slide to its reverse bounce back zone of 20570.

But if maintains abv 20800-20900 zone it can show new all time high soon.

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