BankNifty remained weaker than Nifty overall today ..
and went below first Support and briefly breached Second Support @ 31700
Market rebounded at close in hopes of a positive news
coming from the 'phase one' US-China deal..
Tomorrow will depend totally on the deal confirmation +
verbatim... a weak Phase one deal or a one with too many
riders might just take the steam off the markets..
Support @ 31700 - 31670
Resistance 1 @ 31900 - 31950
Resistance 2 @ 32175 - 32200
Posts are not recommendations!
and went below first Support and briefly breached Second Support @ 31700
Market rebounded at close in hopes of a positive news
coming from the 'phase one' US-China deal..
Tomorrow will depend totally on the deal confirmation +
verbatim... a weak Phase one deal or a one with too many
riders might just take the steam off the markets..
Support @ 31700 - 31670
Resistance 1 @ 31900 - 31950
Resistance 2 @ 32175 - 32200
Posts are not recommendations!