bijoy2526

BANK NIFTY selling to continue or some respite?

NSE:BANKNIFTY   Nifty Bank Index
Despite selling Yesterday Bank nifty has not violated recent low that is 35926
Dow is down more than 1000 points on worries of interest rake hike.
Today Icici bank has come out with decent earning beating street estimates.
Can this arrest the down fall of bank nifty?
when the whole world will be selling than Icici bank result may not be a factor.
But as long as 35926 is not broken we should not sell.
If we see green ticks in dow futures and sgx nifty we should wait and see on Monday.
This seems to be last hope for bank nifty.
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