Dear Friends,
In Bank nifty bulls need a rest for some time. History repeats..Every year September month bank nifty and nifty take some relax to move forward in Oct and Nov...Bank Nifty resistance 40440.
As per yesterday plan today exist at 650 and re-entered at 636. Now by Friday target will reach 678 (Safe price). Coming friday exist and reenter at 625.
As per yesterday plan today exist at 650 and re-entered at 636. Now by Friday target will reach 660 (Safe price). Coming friday exist and reenter at 625.
History repeats..Currently Axis bank threat is NPA increased, Promoters reducing stake holding.
Currently in Major resistance zone. Nearly eight times rejected in same resistance zone.