BANK NIFTY
Bank Nifty spot opened at 24200.60 ,made a high of 24226.80 , it made a low of 24007.05, before closing at 24103.40
Had mentioned in the previous post " Now in the coming session Bank Nifty breaking and sustaining below 23980 can test 23900 - 23880 and on sustaining below it we can see a further test of 23815 - 23740 next . Similarly in the coming session Bank Nifty breaking and sustaining above 24125 we can see a test of 24205 - 24225 initially and breaking and sustaining above it we can see a further move till 24290 - 24365 next . " , and we saw Bank Nifty make a high of 24226.80 near our initial resistance of 24205 - 24225 . Now in the coming session Bank Nifty breaking and sustaining below 24030 can test 23950- 23930 and on sustaining below it we can see a further test of 23860 - 23785 next. Similarly in the coming session Bank Nifty breaking and sustaining above 24180 we can see a test of 24260 - 24280 initially and breaking and sustaining above it we can see a further move till 24350 - 24425 next .
Bank Nifty Spot Levels for the day are
Long above 24180 for 24225 – 24280 – 24425 , SL 24080
Short below 24030 for 23980 – 23930 – 23785 , SL 24125
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Disclaimer : These are my personal views and one should do their own research before entering any trades based on them . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.
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