Bank Nifty: Preliminary Strength

The indices may give a 1000 point push beyond day high but we need to look for strength beyond this level. On the flip side any weakness below the spring may take us to 18000 or lower.

Trade safe

#jaysingh_2020

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By spring means 18672

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BN had no strength whatsoever above the day highs. The moment it made new highs sellers attacked.
However all that strength backed Nifty for the whole day.