Nifty Bank Index

Bank nifty view for next week.

77
Market has consolidated on the last trading day in a very narrow range.

Bank nifty opened nearly 600 point above the previous closing and consolidated forming a triple top in a hourly time frame.

Support level of day was formed near 36470 and during the closing hour it slipped down and closed below the support level.

Support :- 36375, 36267
Resistance :- 36650, 37320

The market is a bit volatile. Trade according to the candlestick chart patterns formed near the crucial levels.

Penafian

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