venkatfx

Bank Nifty is at Support - S1

Long
NSE:BANKNIFTY   Nifty Bank Index
As on 6th May EOD closing chart, BN is holding on to support area. BN is strong with positive news from ICICI, Kotak, Axis and average results from HDFC. Just a draft proposal from RBI on its new policy had to see some sell off from SBI which was very bullish. Trade on 7th may to be based on opening and breaking of S1 or R1 etc
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