Today Outlook Of Bank Nifty
Bank Nifty:
Bank Nifty Outlook
Nifty
Bank: Ongoing rally likely to continue unless index remains above 25650.
Post approaching the highest Call base of 26000 last week, the index
witnessed profit booking and consolidated in a narrow and tight band amid high
volatility. Throughout the week, the index witnessed a decent support near
25,650 whereas a decline in Put option premium of 25,700 strike and
additions in the open interest is indicating major writing, which is likely
to provide cushion going forward.
Technical Outlook
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Monday, 27 November 2017
Daily Bank Nifty News Letter
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