Bank Nifty For Tomorrow

Bank nifty technically looking week and we might expect some more correction in it from the current levels, the crucial short term support for bank nifty future seems to be at the level of 10500. Decisive closing below this support may slip it till the lower level of 10350 in near run. In the upside the immediate resistance seems to be at the levels of 10940 to 10950. Decisive closing above this resistance zone may lead the bank nifty future towards the level of 11200 in near run.

Posted in: Bank Nifty,Technical View