Bank Nifty... Support at 14000---13800 and
resistance at 14700. We will expect range bound trading for time being.
Traders can buy and accumulate Bank Nifty
around 14000 with stop loss below 13800 on closing basis for the initial target
of 14500---14700.
Further upside rally will see only weekly
close above 14700 mark.
Previously we recommended selling below 14700
for the downside target of 14250---13900.
Trade with levels only... More levels will
update during market hours
