Bank Nifty- set to reverse from S2 weekly pivot?
Bank Nifty consolidated for a while before breaking below 34300, it has taken support at 34200 -S2 second support level (weekly pivot). Likely to stop the slide after a fall of 1000+pts from open. Let us see if it holds and reverses a few hundred points from here today..
The broad view on bank nifty will remain bearish though.
The broad view on bank nifty will remain bearish though.
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