The Index is still weak until it's not closed above 40,200, which is far away from the current price, but this is the level we need to consider as a trend reversal. Moves and momentum both were missing at this point, so you guys must be cautious when trading in the Bank Nifty Index.
Intraday Resistance : 39,000 The Key Resistance is: 40,200 Intraday Support : 38,600 The key Support is: 38,000 to 38,200
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