Bank Nifty spot opened at 24942.20 , made a high of 24966.05 , it made a low of 24534.35 , before closing at 24599.50 .
Had mentioned in the previous post " Now in the coming sessions Bank Nifty needs to break and sustain / close above 25025 for a test of 25235 - 25390 initially and above it we can see a further move till 25470 - 25670 . Similarly on sustaining / closing below 24630 we can see a test of 24420 - 24365 initially and further below it we can see a further test of 24185 - 23985 . Those who are looking to enter fresh longs on small dips should keep a strict cbsl of 24630 now . Any shorts taken this week should be exited on sustaining above 25030 .", and today Bank Nifty made a low of 24534.35 below 24630 and also closed below it . Now sustaining below 24630 in the coming session we can see a test of 24420 - 24365 initially and further below it we can see a test of 24185 - 23985 next .
Bank Nifty Spot Levels for the day are
Long above 24685 for 24735 – 24795 – 24950 , SL 24575
Short below 24515 for 24465 – 24405 – 24250 , SL 24625
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