BANK NIFTY
Bank Nifty spot opened at 24114.75 ,made a high of 24188.30 , it made a low of 24033.35, before closing at 24058.05
Had mentioned in the previous post " Now in the coming session Bank Nifty breaking and sustaining below 24035 can test 23955 - 23935 and on sustaining below it we can see a further test of 23865 - 23790 next . Similarly in the coming session Bank Nifty breaking and sustaining above 24190 we can see a test of 24270 - 24290 initially and breaking and sustaining above it we can see a further move till 24360 - 24435 next . " , and we saw Bank Nifty make a high of 24188.30 and a low of 24033.35 and it did not sustain on either side indicating indecisiveness today . 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 23810 - 23735 next. Similarly in the coming session Bank Nifty breaking and sustaining above 24135 we can see a test of 24215 - 24235 initially and breaking and sustaining above it we can see a further move till 24305 - 24380 next .
Bank Nifty Spot Levels for the day are
Long above 24135 for 24180 – 24235 – 24380 , SL 24035
Short below 23980 for 23935 – 23880 – 23735 , SL 24080
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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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