Markets Gear Up for FED: Nifty & Bank Nifty Reflect Optimism
Nifty has created a 500 points flag pattern on a 30 mins chart, breakout is above 25385 level, if thats done then we should see a strong move till 25800-26200-26400 levels.
Bank Nifty has to catch up, it has also shown strength in last week, 52200 is a crucial zone, any close above it will give Bank Nifty open doors for 53150 level and above that 54150 level can be seen. On down side we can see 51700 - 51400 as strong support
Bank Nifty has to catch up, it has also shown strength in last week, 52200 is a crucial zone, any close above it will give Bank Nifty open doors for 53150 level and above that 54150 level can be seen. On down side we can see 51700 - 51400 as strong support
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