Now it has to continue to hold above 51250 zones for an up move towards 51750 then 52000 levels while on the downside support is seen at 51250 then 51000 zones.” Chandan Taparia has recommended ...
The chart pattern suggests that if the Bank Nifty crosses and sustains above the 51,500 level, it could see buying, leading the index towards 51,750-52,000 levels. However, if the index breaks ...
If breached, further resistance can be expected in the 51,750-51,850 zone. On the downside, the index is precariously balanced on a trendline on its hourly charts, with support in the 50,700 ...