K_Dyadav

BankNifty movement will be decide by HDFC Bank!!!!

NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty again at important levels because of HDFC Bank & ICICI Bank. These 2 will decide in which direction this index move. I sense HDFC Bank will be in side ways or move in range till it's result. After result market will decide that merger HDFC Bank is hit or flop till than some negative & sideways move will be there. Do not forget US market also they will do something crazy in coming time.
HDFC Bank range from last year 1500-1720 (strong support 1500-1520)
ICICI Bank support 920-944 negative below 920 only
Trade with stoploss. Happy Trading

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