Had mentioned in the previous post " Now Bank Nifty needs to break and sustain above 24950 - 24985 zone to test 25070 - 25160 levels and being unable to do so we can see profit booking take it back till 24810 levels initially and below it till 24690 . Those who are holding longs should now further move up their cbsl for 24730 " , and today we saw Bank Nifty make a high of 25168.10 and complete our expected target of 25160 . Now Bank Nifty needs to break and sustain above 25150 in the coming session to test 25250 - 25300 levels. Those who are holding longs should now further trail their cbsl to 24865 . Those who are looking to go short on further upmove should keep a strict cbsl of 25340 spot .
Bank Nifty Spot Levels for the day are
Long above 25150 for 25175 – 25205 – 25290 , SL 25090
Short below 25060 for 25035 – 25005 – 25920 , SL 25120
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