Yesterday we have boldly written that Bank nifty spot may
rally up to 12822 above 12742.
It kissed 12822 and closed at, 12802.25.
Intraday support @ 12740-12770
Break below 12740 except slide up to 12680.
If trades above 12831-12845 may rally up to 12897.
Below 104.35 bearish for short term.
Support at 102.5-103
Break below 101.80 may take up to 99.65-98
Bearish below 574
Hurdle at 567-574
Sell on rise below 570
Break below 558 may drag up to 546-534
Exit if trades above 578
Bears dominate trend below 195-197.5
Sell on rise
Break below 191 expect slide up to 186
Bearish below 1014-1000.
Sell to rise or break below 974.
Below 974 our target is 956
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