BY A STAFF REPORTER
Yesterday Bank Nifty opened with a Gap at 41915 but immediate basis erased that gain. Then through out the session was range bound in between 41900/950 to 41700-41667 but finally settled at 41783.
It formed a small-bodied bearish candle on the daily frame & Day to day basis up by 96 points.
41840/41950 are the resistance areas. Above 42000 it can march towards 42225—42500.
Weakness mainly below 41666 then supports are 41510 & 41440-41333. Major 41250.
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Source : Eureka
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