◆ Bank Nifty opened positive but failed to surpass 38800 zones in the first half of the day. The second half remained quite volatile however quick recovery was seen from lower zones and it closed with gains of around 530 points. It formed a Doji sort of candle on daily scale with longer lower shadow and has been forming higher lows from the last five sessions
◆Now it has to hold above 38550 zones, in comming days Banknifty buying zone 38600-650 and move higher level can sell at 40000-40300
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