Bank Nifty - Pullback ahead
Bank Nifty took support of 100EMA and remained firmly above 100EMA through the day. On 23rd Bank Nifty had managed to keep its head above 100EMA closing just above the line. So todays price action was critical. Also the green candle.
Possibility of a pullback from here as long as open is above the 100EMA level- and price is sustained, we could see a few more sessions of Bank Nifty pulling back further (next resistance 37755). Let us see how the prices move tomorrow.
Possibility of a pullback from here as long as open is above the 100EMA level- and price is sustained, we could see a few more sessions of Bank Nifty pulling back further (next resistance 37755). Let us see how the prices move tomorrow.
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