RECAP:
Readers who bought bank nifty based on our last week's analysis would have minted the almighty dollar and BNF comfortably achieved
all targets given.
BANK NIFTY FUTURE
For the week ahead BNF supports are placed at 9420 and 9370.
Trading below 9300 will make BNF weak and correct to 9220, 9125 and 9040.
Resistance for BNF is placed at 9660 and 9700.
Trading above 9740 will create huge momentum on the upside and BNF will sail to 9815, 9900 and 10000 in a matter of days.
Next : Nifty weekly outlook
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.
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