Bank Nifty spot opened at 23804.05 ,made a low of 23611.10 , it made a low of 24074.20, before closing at 24008.15
Had mentioned in the previous post " 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 . " , and we saw Bank Nifty initially make a low of 23611.10 on sustaining below 23740 and then take support above 23585 - 23515 zone and reverse to make a high of 24074.20 within our next resistance zone of 24040 - 24110 for the day . Now in the coming session Bank Nifty breaking and sustaining below 23930 can test 23840- 23820 and on sustaining below it we can see a further test of 23750 - 23670 next. Similarly in the coming session Bank Nifty breaking and sustaining above 24090 we can see a test of 24175 - 24195 initially and breaking and sustaining above it we can see a further move till 24270 - 24350 next .
Bank Nifty Spot Levels for the day are
Long above 24090 for 24140 – 24195 – 24350 , SL 23985
Short below 23930 for 23880 – 23820 – 23670 , SL 24035
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