SUNDAY




WEEKLY UPDATE




Bank nifty last week recovered from low 18500 levels eroding all its losses and closed at 18864 levels,


strong resistance for Bank Nifty is at 18975- 19000 levels, breakout above the resistance may


have a short term rally up to 19500 to 19700 levels, over all trend remains positive but


clear breakout will confirm the rally.



Weekly Call :



Buy Bank Nifty only above 19000



and add further on dips up to 18875



with stops below 18500



for targets 19500 and 19700.