The Bank Nifty (42500) is stuck in a range & will react to the good results of ICICI & Kotak. Heavy resistance is at 42750 where there are heavy Call shorts. If this resistance is broken, shorters will cover aggressively which will catapult the Index to higher levels. Top traders are loaded with Call Ratios to benefit
Ghanshyam rightly pointed out that the Bank Nifty is stuck in a tight trading range for the past several trading sessions which is alien to its real nature….
Is Bank Nifty likely to breach resistance level of 42750 due to good ICICIB & Kotak results?
| Subscribe To Our Free Newsletter |
