Nifty Bank Index

BANKNIFTY [1st September 2020]

Neutral-to-Positive view due to Stochastics at oversold zone with a minor divergence from previous low. Could try to pull up a little as closing is at 1 week's average @ 23660 and to neutralize inflated put option premiums.

Upside - 24000|24365

Downside - 23200|22400

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