Bank Nifty View for 01/12

Bank Nifty may trade in the range 29060 -30060
Decision Level :29460 Above & below :Bullish & Bearish .

Above 29460 : 29597/29747/29860/29938/30060
Below 29460 : 29360/29262/29165/29060

1st level to watch out : 29747 for upwards
29360 for downwards

It may spend some times in the range 29460-29760.
My sense is it may touch its recent high(29200) before taking reversal..

Let us see what happen....

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