BANK NIFTY
Bank Nifty spot opened at 24209.55 ,made a low of 24156.05 , it made a high of 24311.10, before closing at 24251.90
Had mentioned in the previous post " Now in the coming session Bank Nifty breaking and sustaining below 24125 can test 24060 - 24040 and on sustaining below it we can see a further test of 23980 - 23920 next . Similarly in the coming session Bank Nifty breaking and sustaining above 24255 we can see a test of 24320 - 24340 initially and breaking and sustaining above it we can see a further move till 24400 - 24460 next . " , and we saw Bank Nifty make a high of 24311.10 just below our initial resistance zone of 24320 - 24340 today and reverse . Now in the coming session Bank Nifty breaking and sustaining below 24190 can test 24130 - 24115 and on sustaining below it we can see a further test of 24060 - 24000 next. Similarly in the coming session Bank Nifty breaking and sustaining above 24315 we can see a test of 24375 - 24390 initially and breaking and sustaining above it we can see a further move till 24445 - 24505 next .
Bank Nifty Spot Levels for the day are
Long above 24315 for 24350 – 24390 – 24505 , SL 24235
Short below 24190 for 24155 – 24110 – 24000 , SL 24270
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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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