NIFTY BANK VIEW

NIFTY BANK [27819]

▪PROFIT BOOKING PULLED DOWN NIFTY BANK BY MORE THAN 400 POINTS TOWARDS ITS POSITIONAL SUPPORT & BOUNCE-BACK ZONE OF 27780-27740.

▪TODAY IF IT BREAKS 27740, IT CAN SLIDE FURTHER TOWARDS 27670-27550 LEVELS.

▪TRADE ABOVE 27950, WILL BRING SOME REVERSAL IN THE INDEX TOWARDS 28090-28200