Bank
Nifty Outlook:
The Nifty bank index ended the November F&O expiry on an
optimistic note and at the levels for the month. This was supported by the
government’s move to infuse Rs 2.11 lakh crore over two years in PSU banks. On
the back of this, all PSU banks saw huge long additions. However, as the November
series ended, profit booking was seen in PSU banks, which kept the index move
in check near 25200.
|
Bank Nifty Friday Losers
|
||
|
Stock
|
Price
|
%age Change
|
|
PNB
|
170.30
|
3.29%
|
|
CANBK
|
362.05
|
2.90%
|
|
SBIN
|
312.90
|
2.33%
|
Bank Nifty Resistance & Support
| |
R1 / R2
|
25364/25449
|
S1 / S2
|
25046/24816
|
Missed call
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