BankNifty neutral to mild negative on daily n hourly charts.

Bank Nifty did made a smart recovery yesterday, from day's lowest levels.

It continues to remain in neutral to mild negative zone on daily to hourly charts, as per lead indicators.

34600-34400 remains strong demad zone while 35500-35900 is supply zone.

Keep an eye on hourly or shorter duration charts for further short term direction, 34750-35250 remains consolidation zone before any major move.