Bank Nifty Still trying to hold the Bullsih postition
As per the Chart the BNF trying to hold the bullish position, we can turn bearish if BNF breaks the 38250 levels as per the Fibonacci 0,38 level is around 38250.
also the banks posted the good results both private banks as well as the PSU banks like SBI and Canara bank posted very good levels so that should support BNF to take support till 38300 to 3250 levels.
also the banks posted the good results both private banks as well as the PSU banks like SBI and Canara bank posted very good levels so that should support BNF to take support till 38300 to 3250 levels.