Monday 20 November 2017

NIFTY BANK VIEW

Nifty Bank (25728)

Nifty Bank showed a new all time high on Friday of 25924.90 with a gap up opening.

It has also formed a neutral pattern formation but the closing is also above its previous all time high of 25695.

If it trades below 25670, it can slide down to fill the gap till 25496.

If it trades above 25875, on crossing 25930, it can show new high of 26046-26200-26400.

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