NIFTY BANK VIEW
Nifty Bank (26364)
▪Nifty Bank last month had cooled down from the higher levels and has given a close with a hammer doji.
▪This month it has to maintain above 27000, to catch momentum and show around 27400 a new high.
▪Breakdown below 26000, can bring selling pressure in the index and it can slide to 25420.
▪Weekly resistance levels are 26725- 27080.
▪Support are 26080- 25800.
Nifty Bank (26364)
▪Nifty Bank last month had cooled down from the higher levels and has given a close with a hammer doji.
▪This month it has to maintain above 27000, to catch momentum and show around 27400 a new high.
▪Breakdown below 26000, can bring selling pressure in the index and it can slide to 25420.
▪Weekly resistance levels are 26725- 27080.
▪Support are 26080- 25800.
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