KMayur

KMayur Updated 

Nifty making higher highs and higher lows – which keeps the uptrend intact. BankNifty not making higher highs, in fact it is making lower lows – which is bearish. Considering Bank’s weight-age in Nifty is 25-30% - question is how long Nifty will keep making new highs or will the BankNifty miraculously catch up with Nifty?

KMayur

Ideal place for Nifty to take support around previous resistance area - target of 10400 for 30 days

KMayur Updated 

If BankNifty doesn't catch up then its high probability that Nifty should fail to make a new high on closing basis