Nifty Bank Index
Long

Is This Upward Move Built to Last?

148
Strong closing in Nifty on Friday at 23900+ level.

We should see a strong gap up post Mahrashtra state elections results !

Expecting Nifty to give a gap up opening !!

We should see a gapup and a small sell off / profit booking post which Nifty should settle around 24100 level for any further upside move.

Nifty Resistance : 24200-24500.

More upside will be only above 24500.

Bank Nifty Resistance : 51400-51700-51990-52150.

Support : 51150-50700.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.