NIFTY BANK VIEW

Nifty bank (24819)

▪Bank nifty also gave a gap down opening but had hold 24500 and bounced back giving a close with a hammer doji formation.

▪Today if it trades above 24900 reversal can take place from this down trend if closes above 24900. 

▪Resistance levels for the day are 24970..25120  ..25500

▪Support lies at 24580..24350