BANK NIFTY
Volatility range 49927 -47063.
On fall and close below 47063 can show effects of negative divergence.
Overall, for near term must hold 47063.
Currently underperformance to NF is visible on relative terms.
Further sustained breakout and close above 49927 is essential for upside momentum.
Critical support 47063 needs to be held for volatility or consolidation.
On fall and close below 47063 can show effects of negative divergence.
Overall, for near term must hold 47063.
Currently underperformance to NF is visible on relative terms.
Further sustained breakout and close above 49927 is essential for upside momentum.
Critical support 47063 needs to be held for volatility or consolidation.
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