Bank Nifty- Knocking at the doors of Gap support

٢٨ ديسمبر ٢٠١٧

Bank Nifty is testing gap area support and could move lower to the 25000/25100 zone in the coming weeks. Fundamentally news of additional Govt borrowing is not helping yields which have moved up to 7.38% (10 yr). If it manages to break above 25700 the trend may change to bullish.