Stock Market Live Update: Strategy on Bank Nifty
Trailing stop loss has not been triggered yet in Bank Nifty and yesterday Bank Nifty made a higher low. Unless 59,500 is broken, Bank Nifty is not weak. Buy in the range of 59,700-59,800, stop loss at 59,500. But if 59,500 is broken then a big correction is possible. There is a big resistance on the upside at 60,000-60,200. If it goes above 60,200, a big rally is possible.