BY A STAFF REPORTER:
Op :- 37847 -- Low :- 37681 then High :- 38302 & CL :- 38237
Day to Day closing basis up :- 0.84% or +317 points.
The index formed a bullish candlestick pattern on the daily charts.
Bank Nifty opened moderately lower at 37847 and corrected up to 37681, but within the initial half an hour of trade, it rebounded and traded strongly to hit a day's high of 38302. The index finally settled at 38237.
"Immediate support and resistance for Bank Nifty are 37700 and 38750 respectively.
Sup:- Below 38073—37950--37845—37750—37680
Res :- Above 38320—38466—38550--38690—39000.
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Source : Eureka
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