Bank Nifty - Technical update - Daily Chart

Bank Nifty - Technical update SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826 Daily Chart Nifty Bank Nifty Bank has seen golden crossover as SMA 50 has crossed SMA 200 from below This is very positive technically Bias for the PSU Banks is very positive Stay selective in stocks 57700-57850 is the supply zone We may see big rally above this. Overall bias is positive Stock on radar

Other updates : Gold and Silver both are doing well. Liquidity has been very good in the market. IPO market is also doing very well India VIX is near 11.19. Rupee is stable for now. Nifty set up is sideways with the positive bias. All this is for information This is not a buy/sell recommendation. Thank you, Technofunda24