It was a week with a fantastic recovery in Sensex and Nifty. After crossing earlier triple top bottom 25851, Nifty never looked back and it was a steady rally to cross previous high of 25078. This week nifty closed with a new high and Nifty is just a stone throw distance away from 25500 level.
While Nifty has been high month after month, Bank nifty is lagging behind and if BN also moves towards earlier high of 53350 then it is a different ball game.
BN closed at 51350 and ATH is 53351. Whether BN will make a new high in September? When ?
Keep reading my posts regularly to know the answer.
I will be posting a detailed report on Nifty and Bank Nifty - next week move on Sunday.
Those interested in Stock futures and options may contact me for a highly rewarding and seamless trade.
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