Bank Nifty has finally breached 50EMA and closed above it after 34 consecutive trading sessions. Helped along by FII (1274cr) and DII (533cr) buying! PCR went up a notch to 1.42. 36479 was breached comfortably today, so the next resistance is 37457 which should be the target tomorrow. On the downside wide CPR will be a support followed by 36479. Chart sare screaming bullishness...so we could see some breather tomorrow (like we saw a bit of scare mid session today) but the bet is on further upside. So lets see how markets go tomorrow.
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