NIFTY BANK VIEW
▪IT RECOVER FROM LOWS IN FIRST HOUR OF TRADE AND SHOW A GOOD UP MOVE, BUT SELLING PRESSURE SEEN IN LAST HOURS OF TRADE, MADE A NEGATIVE SIGNAL.
▪TODAY BELOW 26500, SELLING PRESURE CAN AGAIN TAKE OVER AND IT CAN SLIDE DOWN TO 26365 -26250.
▪IF HOLD ABOVE IT CAN SHOW A BOUNCE TOWARDS 26650-26780.
▪IT RECOVER FROM LOWS IN FIRST HOUR OF TRADE AND SHOW A GOOD UP MOVE, BUT SELLING PRESSURE SEEN IN LAST HOURS OF TRADE, MADE A NEGATIVE SIGNAL.
▪TODAY BELOW 26500, SELLING PRESURE CAN AGAIN TAKE OVER AND IT CAN SLIDE DOWN TO 26365 -26250.
▪IF HOLD ABOVE IT CAN SHOW A BOUNCE TOWARDS 26650-26780.
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