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BY A STAFF REPORTER:
Yesterday Bank Nifty too opened 170 points lower at 35299 and after a volatile day, it closed 337 points lower at 35132. It formed a Bearish Harami candlestick on the daily charts. It is currently range bound inbetween 35450/35550 to 35050/34950.
On the up side :- Resistances are 35318—35460 & major 35555. Extended basis 35700.
On the down side :- weakness if stays below 34950 & then expected supports are 34808—34716 & 34550.
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Source : Eureka
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