18700 will act as a pivot point for Nifty Bank with upside reaching upto 1800-20000 levels. If unable to sustain above 18700, the bank index will try and take support at 18200, which had earlier served as resistance but quite easily taken out today. A close below 18200 this week will give an upperhand to shorters in the market.
Trade geschlossen: Ziel wurde erreicht