- Bank Nifty trading at crucial resistance levels
- Trading below 47500 will be first indication of profit booking
- Trading below 46300 will initiate a reversal trade
Dec'14 trade gave a closing above 1.618 level and it will be crucial to sustain above 47500 in following sessions
Also a trending resistance of higher high's is full filled in Dec'14 session
There will be some profit booking pressure at these levels