Today Outlook Of Bank Nifty
Bank Nifty:
Bank
Nifty Outlook:
Bank
Nifty ends on a flat note but gained for third straight week as well as for the
second straight week and managed to close near around its resistance. Nifty
bank remained bullish on most of the trading session of the week and further
looks in uptrend for the coming week’s trading.
for now 25830-25850 will act as a resistance for now while on lower side
24850 seen as a support.
Bank Nifty Trends
R1
25830
R2
26350
S1
24850
S2
24100
Technical Outlook
Bank Nifty Friday Losers
KOTAKBANK
1151.55
BANKBARODA
150.25
ICICIBANK
288.10
Missed call
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The entire Nifty50 returns in this calendar year have come after the corporate tax cut announcement in September 2019. In the global context, the Indian market has grossly under performed the developed markets and even some of the emerging markets.
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