BANK NIFTY TRADING SYSTEM
Open : 11559.00 High : 11615.00
Low : 11102.00 Close : 11201.00
TREND : BEARISH
Bank Nifty Futures has started a formation of lower tops and lower bottoms , which according to Dow theory signals further weakness in banking sectors in the coming sessions. It closed at the major support zone of 11200 mark . A breach of 11000 zone will take it down towards the 10600 area. On the upside expect a minor correction towards the 11600 level.
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