Nifty Bank Index

BANK NIFTY

Yesterday Banknifty took support at 0.5 level of fib retracement level, if today market opens gap up we should be bullish and if bankfinty breaks yesterdays low we should turn bearish. more or less today i think markets will recover slowly. Because of yesterdays corporate results nifty and banknifty fell like nothing. so lets wait for the market to open and see what happens.

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