BANKNIFTY SPOT CHART: Bank nifty is near support zone. Some dip is expected till 31800 levels then rebound possible till 32800. Key reversal zone for bank nifty spot is 32800. The above chart is plotted on 60 min time frame.
VIEW : BULLISH WITH A DIP UPSIDE POTENTIAL : 32800-33000 DOWNSIDE SUPPORT: 31500 REASON : REVERSAL FROM SUPPORT LINE , RANGE BOUND.