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Technically if we see 24800 is resistance with head and shoulder neckline

NIFTY ANALYSIS

As shared the view yesterday morning that if 24500 crosses it can go to 24800 and nifty reached 24850 and then selling came

Yesterday nifty and bank nifty closed in green with gain of 0.98% and 0.63% with huge volatility

Good morning, all

Today is the weekly expiry of NIFTY, and there may be volatility before the RBI meeting, so trade cautiously and keep capital safe. Lets see what happens in the maerket today

Immediate resistance for bank nifty is 53500

Bank nity is bullish and reaching closer to its all time high

BANK NIFTY ANALYSIS

PCR is 0.73 at ATM and 1.1 overall which is neutral to bulllish

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If we look the Open interest then call side is heavier and more resistance than support

Nifty made a doji candle yesterday; it is now technically up, but there is only support from Bank Nifty; otherwise, others dragged it down. HDFC Bank only supported it; otherwise, it would have closed in the red.

NIFTY ANALYSIS

Yesterday nifty closed flat, it was above 24500 and sustaining but selling came around 12pm and it fall around 150 points and recovered and fall again on the other hand bank nifty closed in green with bullish candle.

Good morning, all

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Did the market perform as per your expectations?🤔 Yes 👍 No 👎 Not at all 😭 No expectations 😂
Did the market perform as per your expectations?🤔 Yes 👍 No 👎 Not at all 😭 No expectations 😂

Technically both the index is bullish now and bank nifty is more bullish so it can take nifty up. Let’s see what happens in the market today