NIFTY BANK VIEW
Nifty Bank (28128)
• Nifty bank has formed a double bottom formation on closing basis even after a gap down opening in the first days of the week due to global cues.
• This week on trading above 28200, it can again touch its all time high of 28377 and 28500
• Trading below 27700, can be a sign of worry as it can shed to its positional support levels of 27300-27200.
Nifty Bank (28128)
• Nifty bank has formed a double bottom formation on closing basis even after a gap down opening in the first days of the week due to global cues.
• This week on trading above 28200, it can again touch its all time high of 28377 and 28500
• Trading below 27700, can be a sign of worry as it can shed to its positional support levels of 27300-27200.
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