Tuesday, August 16

Technical levels:Bank Nifty,M&M and Hero Motor Corp

Bank Nifty

Bank Nifty is again at crucial juncture of after today's low of 10023. Bank Nifty has a psychological support at 10000 levels 10017 to be precise. This Feb low has held during recent carnage and broke just one day during the huge hap down and Bank Nifty quickly recovered above this level.

BN is in stock downward trending market with the formation of lower lows. If 10017 gets taken out we will first


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