I am writing the review after 4 months as I had tested Covid Positive and then went for a holiday…
Nifty (17393) we said ’technically now 17000 is a crucial support to deal with and if it stays above, it then more shorts covering is not ruled out’ the Nifty unfolded as expected and has closed in the green… technically now the crucial support is at 17300 and upside to 17600 is a possibility as long as 17300 holds
Bank Nifty (36900) we said ‘technically now if Nifty Bank opens above 36500 the it would bring in more short covering’ the Nifty Bank unfolded as expected and has closed in the green…. technically now 36600 is a strong support zone as long as it holds and upside to 37300 is a possibility