“The Nifty50 is in an overall uptrend on the weekly time frame and supports are gradually shifting higher. The Nifty50 immediate support is seen at 17950 and then 17850; while on the upside, resistance is seen at 18350 and then towards 18500 zones for the next few sessions. Bank Nifty has been consolidating between 40800 to 41500 zones for the past 8 sessions with more stock-specific action within the banking space.”
Subscribe To Our Free Newsletter |