As discussed on Thursday Bank nifty hit a high of 29406 and a low of 28580 against our projection of 29417 and 28591. Real time low was updated in radio channel ( description on profile page ). Big swing day propelled bank nifty from day low to hit day high in final hour of trade, algo side selling resumed in final minutes bringing back markets into balanced state.
Decision range 28981-29154
Support for the day 28729
Resistance for the day 29572
Expectations
Extremely volatile day
Real time updates
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