Description
⋅ 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.