Technical view :
Bank Nifty has made Doji on daily chart which could be a sign of reversal , so if it unable to hold the previous day's low then it may make a low of 38900.
Also if it able to break the Previous days high of 39775 , then it may make an all time high of 40000.
Comments :
Inflation worry and Earnings not up to the mark along with incessant rain has deepen the coal crisis and rubber production. Challenging situation in the middle of festivals but market has hope of better than expected recovery which may not let the market down much.
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Disclaimer
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.