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IndusInd Bank

Bronze Member

960 Messages

Nifty bank : The daily as well as the weekly relative strength indices continue to feature in the neutral region. The short-term downtrend will be intact as long as the index trades below 29,500. We reiterate that a break above 29,500 will bring back bullish momentum and push it higher to 30,000 and 30,500 levels over the medium term. That said, a slump below the vital support level of 27,500 can pull the index lower to 27,000 and 26,500.

12.31 AM Oct 13th
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