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BankNifty:24839 Above 24962 Res: 25038_25161_25284 & 25360

Long
Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis
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trendanalysis
BankNifty' recovered from the shyness after the Govt' decision to support heavily for the PSU' Banks,it will have strong support at 24387.Currently a small breakout from the flag is showing in the weekly chart. Expect to be True, as the monthly volatile is high, we will make a strong monthly close above current level.
For Mon 20171030
BankNifty': 24839.55 Day Pivot: 24878
Above 24962 today’s Resistances are 25038 25161 25284 25360
Below 24717 today’s Supports are 24641 24518 24395 24319
Weekly Pivot: 24646
Weekly above 25012 BankNifty’ Resist: will be 25119 25292 25465 25571
Weekly below 24667 BankNifty’ Supports will be 24560 24387 24214 24108

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