BANK NIFTY TRADING SYSTEM
Open : 10340.00 High : 10510.00
Low : 10260.00 Close : 10500.00
TREND : BEARISH
Bank Nifty Futures took a breather today ahead of the Budget session. It traded throughout the day in a range of 250 points. On the downside , 10000 level looks like a very important intermediate support , breach of which will take the Bank Nifty Futures down by another 500 – 700 points. On the upside there is a minor resistance @ 10650 mark.
We are Cautious on the Bank Nifty ahead of Budget .
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