Last Week we gave Bank Nifty Chopad level of 15306 and Bank Nifty did all 3 target on downside rewarding traders with 387 points, We have RBI policy coming on Tuesday so big moves are on cards again. Bank Nifty will likely to see a good trending move.
Bank Nifty hourly charts is entering in supply zone, with hourly charts moving in oversold zone suggesting if range of 14700-14620 is held we can see bounce back till 15000-15200 odd levels.
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