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ArvindSavant

Bank Nifty

Short
Nifty Bank Index (NSE:BANKNIFTY)  
ArvindSavant Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis BANKNIFTY
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trendanalysis banknifty
Short Bank Nifty

First Target - 26080

Bank Nifty has shown break-down. On Monday if bank nifty closes below 26400, downtrend will be confirmed.
Comment:
Support from ICICI Bank ....holding bank nifty from fall...but other banks like HDFC Bank, Kotak, SBI are looking weak.
Comment:
Bank nifty has touched upper end of upward channel. Tomorrow its interesting to see, whether Bank Nifty crosses today's closing level. Close is more important than opening price and day's high.
Comment:
Bank Nifty is not sustaining at higher levels
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