Wednesday 16 May 2018

NIFTY BANK VIEW

Nifty Bank (26474)

▪Nifty Bank too showed today our target of 1000 points recommend a week ago with good momentum in the morning but has closed with selling pattern formation of inverted hammer.

▪On trading below 26400, it can shed to 26000-26100.

▪On maintaining above 26550, it can show 26800-26900.

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