Bank nifty spot index on friday closed at 12363 with loss.on chart bank nifty short term trend and momentum both bullish as trading above all short term averages.
on chart bank nifty weekly support at 12262 and then month support at 11825 while in last 3 month support level is 11391.above this for short term traders strategy will be buy on dips on buy near supports.Bank nifty daily indicators showing signs of correction and coming down from overbought zone.short side suggested below 12265 only with strict stoploss.on downside 11800 to 11500 will be correction targets but below 12260.



    Comments are closed.

    NOTE : You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.