NIFTY BANK VIEW
Nifty Bank (27898)
▪Nifty Bank yesterday formed a new high of 27994 just 6 points away from 28000 faced resistance and gave a closing with an hanging man doji formation.
▪Today the index can show dips towards its support zone of 27780-27680 on maintaining below 27880.
▪Trading above 28000, can bounce back with the uptrend series and the index can show 28120-28340.
Nifty Bank (27898)
▪Nifty Bank yesterday formed a new high of 27994 just 6 points away from 28000 faced resistance and gave a closing with an hanging man doji formation.
▪Today the index can show dips towards its support zone of 27780-27680 on maintaining below 27880.
▪Trading above 28000, can bounce back with the uptrend series and the index can show 28120-28340.
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