NIFTY BANK VIEW
Nifty Bank (25530)
▪Nifty Bank gave a gap up opening on Monday and rose to 25617, but gave a close with an inverted hammer.
▪Today on trading below 25460, it can slide to its strong bounce back zone of 25350 which can be used as buying opportunity.
▪If trades above 25530, it can show 25620-25690-25730.
▪Trading below 25340 can show selling pressure in the index
Nifty Bank (25530)
▪Nifty Bank gave a gap up opening on Monday and rose to 25617, but gave a close with an inverted hammer.
▪Today on trading below 25460, it can slide to its strong bounce back zone of 25350 which can be used as buying opportunity.
▪If trades above 25530, it can show 25620-25690-25730.
▪Trading below 25340 can show selling pressure in the index
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