StockRAI

BANK NIFTY Levels

StockRAI Updated   
NSE:BANKNIFTY   Nifty Bank Index
Noted in chart.
Comment:
26100 rejected again yesterday. I don't suggest any order now. If at all there's, buy above today's high and sell below today low would be better.

Posted: 10:53HRS
Comment:
Well, looks like 25160 in sight. If broken along with trendline support that comes around 25000, further selling can be expected.
Comment:
Index bounced at trendline support. Current levels (24835-25160) are kind of a demand zone. Can initiate longs with stop below 24800. I suggest existing shorts can be liquidated. Further shorts can be entered below 24800.
Posted: 08:56 hrs
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