Monday, 16 July 2018

NIFTY BANK VIEW

NIFTY BANK [26935]

▪NIFTY BANK SHOWED MUCH AWAITED LEVEL OF 27000 LAST WEEK, IT MADE A HIGH OF 27164.

▪27164 IS A POSITIONAL RESISTANCE LEVEL FOR THE INDEX, WHERE IT HAS MADE MULTIPLE TOPS.

▪THIS WEEK, IT HAS TO TRADE & MAINTAIN ABOVE 27170-27190 AREA FOR FURTHER UP-MOVE TOWARDS  27370-27470 ZONE.

▪BELOW 26880, IT CAN SLIDE TOWARDS 26780-26640 LEVELS.

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