Bank Nifty spot opened at 24308.70 ,made a high of 24331.95 , it made a low of 23766.60, before closing at 23812.95
Had mentioned in the previous post " Now in the coming session Bank Nifty breaking and sustaining below 24135 can test 24065 - 24050 and on sustaining below it we can see a further test of 23990 - 23925 next . Similarly in the coming session Bank Nifty breaking and sustaining above 24265 we can see a test of 24335 - 24350 initially and breaking and sustaining above it we can see a further move till 24410 - 24475 next . " , and we saw Bank Nifty initially make a high of 24331.95 on sustaining after opening above 24265 near our initial resistance zone of 24335 - 24350 and reversed to make a low of 23766.60 on sustaining below 24135 as it also sustained below our weekly level of 23965 for further correction . Now in the coming session Bank Nifty breaking and sustaining below 23740 can test 23670- 23650 and on sustaining below it we can see a further test of 23585 - 23515 next. Similarly in the coming session Bank Nifty breaking and sustaining above 23885 we can see a test of 23960 - 23980 initially and breaking and sustaining above it we can see a further move till 24040 - 24110 next .
Bank Nifty Spot Levels for the day are
Long above 23885 for 23930 – 23980 – 24110 , SL 23790
Short below 23740 for 23700 – 23650 – 23515 , SL 23835
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