Nifty , BankNifty Gap up open , saw selling pressure at crucial area and couldnt hold up , closing at days low.
Index along with many stocks forming alternate pattern.
Nifty Key Are on upside 17450-17600--17720 near support 17050-16950 , 16800 areas
Banknifty Must clear 36600-650 and 370000 for more up side. near support 35900-35500
Kotak Bank- finally news is out today BLOCK DEAL to take place,
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Disclaimer: I am not a SEBI register analyst.
These views and study is my own for educational purpose only and not any trade recommendation.
Not responsible for any profit/loss.
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