NIFTY BANK VIEW:
Nifty bank (18627)
Nifty bank has taken support as mentioned earlier in our reports around 18000...18100 zone with a tripple bottom pattern.
Above 18600 it will also participate in the rally to 19200... 19400 soon.
Any dip to still to 17800..17500 are buying opportunity for positional traders as it is the bounce back zone
Any close below 17400 can show bank nifty entering into downtrend.
Today being weekly expiry of nifty bank we can see some volatility
Nifty bank (18627)
Nifty bank has taken support as mentioned earlier in our reports around 18000...18100 zone with a tripple bottom pattern.
Above 18600 it will also participate in the rally to 19200... 19400 soon.
Any dip to still to 17800..17500 are buying opportunity for positional traders as it is the bounce back zone
Any close below 17400 can show bank nifty entering into downtrend.
Today being weekly expiry of nifty bank we can see some volatility
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