Bank Nifty Tips
The forthcoming 10 days are going to see real action in the indices namely due to the effect of the USA Presidential elections. 23500 is an important support for Bank Nifty as its break means that bears will have total control on the Bank Nifty index. Bears will start seizing the control below 23799 for target 23582/23399/23264. We can see a movement of up to 10% in Bank Nifty on either side in the next ten days.
Keep watch on the following Bank Nifty Levels for your intraday trading:
Support
23972/23830/23602/23402
Resistance
24026/24202/24351/24452/24611.
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