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bijoy2526
Jul 27, 2020 6:19 PM

BANK NIFTY at support 2 

Nifty Bank IndexNSE

Description

clear divergence between price and oscillator.
hdfc bank stake sell,rbi comments dragged bank nifty and
spoiling its already damaged structure.
towards the end of the trading session kotak result fueled this.
it is now at the support 2 breaking below may take it to support 3.
if bounces support 1 will be the target.
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Comments
consultanilkumarg
it reached near to support 3 . now will it bounce back to support 2 or fall to support 4? support 3 looks like a medium term support in the last 1 month whenever there was big fall. support 3 provided much strength today as well. whether BN can bounce from there?
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