Nifty Bank is bullish currently. The green lines will act as resistance in the upper side and yellow lines will act as support in the lower end. I expect Nifty Bank will not breach the blue line during this month expiry. HDFC bank merger news may act as a bullish catalyst and international economic news may act as an bearish catalyst.
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.